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FDRA Comments on TPA Passage

The U.S. House of Representatives passed Trade Promotion Authority (TPA) Friday by a vote of 219 to 211. The bill will go to President Obama if and when the House passes Trade Adjustment Assistance (TAA).

Footwear Distributors and Retailers of America (FDRA) President Matt Priest commented on TPA’s passage:

“We applaud the U.S. House of Representatives for passing Trade Promotion Authority (TPA). TPA is a process that has been enjoyed by every President since Franklin Roosevelt, and it will allow Congress to consider trade agreements like the Trans-Pacific Partnership (TPP), which is currently being negotiated. Unfortunately, our work is not yet complete as the House failed to advance the important Trade Adjustment Assistance (TAA) program, which was required in order for TPA to reach the President’s desk. We call on all members of the House of Representatives to vote in favor of this bill if and when it is considered.”

Priest continued, “The TPP agreement is critical to the footwear industry because it will create jobs and lower costs for American consumers. FDRA has worked for years to highlight the hundreds of thousands of U.S. footwear employees that rely on our ability to move goods all over the world, with trade supporting one in five jobs in America.“