Resolution on Trade Promotion Authority
This resolution supports the extension of trade promotion authority (TPA) to the President of the United States, something every US President has enjoyed since 1974 until it was rejected by Congress in 2011. TPA facilitates the expansion of markets and the negotiation of free trade agreements which have been shown to increase America’s export market and to be an important tool for the US President to have.
WHEREAS, Americans are deeply concerned with job creation, economic stability, and expanding economic prosperity throughout the United States, and;
WHEREAS, international trade is a critical engine of growth for the U.S. economy as real Gross Domestic Product grew at 2.8 percent while U.S. exports of goods and services grew 16.7 percent in 2011, and;
WHEREAS, the U.S exported $2.1 trillion in goods and services accounting for 13.8 percent of our Gross Domestic Product in 2011, and;
WHEREAS, studies show that post World War II trade liberalization has raised annual incomes by $1 trillion, or $9,000 per American household, and export-related jobs pay 13 to 18 percent more than the average job, and;
WHEREAS, many of these jobs depend upon continued access to foreign markets and increased openness of those markets, and;
WHEREAS, the U.S. has implemented free trade agreements with 17 new countries since 2001 as a result of the authority granted to the President by the Trade Act of 2002, and;
WHEREAS, U.S. exports to free trade agreement partner countries in 2009-2010 grew by 23 percent, compared to exports to the rest of the world at 20 percent, and;
WHEREAS, current U.S. FTA partners account for only 9 percent of world GDP, but purchase 41 percent of U.S. exports and;
WHEREAS, without trade promotion authority the ability of the U.S. to continue to expand and open markets around the world and to establish and enforce fair and transparent international trading rules would be seriously constrained and U.S. businesses and farmers would lose market opportunities to foreign competitors, and;
WHEREAS, from 1974, every U.S. President has received trade promotion negotiating authority from Congress,
NOW THEREFORE LET IT BE FURTHER RESOLVED, that the State/Commonwealth of (Insert State) urges the U.S. Congress to enact the appropriate legislation to grant the President trade promotion negotiating authority; and
BE IT FURTHER RESOLVED, that copies of this Resolution be sent to each member of Congress.
Approved by the ALEC Board of Directors on January 28, 2013.