CPA issued the following organizational statement today:
Reports indicate that Senate leadership has today reached an agreement to proceed to debate bills regarding Fast Track trade authority, fixing foreign currency manipulation legislation and effective customs enforcement.
The Coalition for a Prosperous America is determined to ensure that both Houses of Congress fully debate and fairly consider on their merits all legislation currently on the docket. In particular, we wish to see passage of an effective currency manipulation bill and an effective customs enforcement bill that are needed before any “TPA” bill and any new trade agreements could possibly deliver positive economic results. Foreign mercantilism and circumvention of antidumping and countervailing duty orders vitiate even the best negotiated trade agreements, adding to the growing lack of confidence in America’s trade policy as an instrument that advances the national interest.