Press Releases

Small Businesses Achieve Victory with House Passage of TPA

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Washington, June 18, 2015 | comments
Small Businesses Achieve Victory with House Passage of TPA

WASHINGTON—Small businesses hoping to play a role in international trade achieved victory today with the passage of the Trade Priorities and Accountability Act of 2015. This legislation aims to bring clarity and communication to American trade deals, chiefly trade promotion authority (TPA).

Small Business Committee Chairman Steve Chabot (R-OH) said: “Better trade agreements mean small businesses will be able to access new customers, offer their products more easily, and that more products will be built and sold. When that happens, jobs are created, wages are lifted, and more opportunity is available to all.”

Chabot added, “TPA will ensure communication between the people negotiating trade deals and the people representing small businesses at home: Congress. Put an American worker against anyone in the world and I’ll take that bet every day of the week and twice on Sunday. But we can’t get there without TPA.”

Over the last few months, Chairman Chabot and members of the Small Business Committee have heard from small business owners and operators about the need for TPA. Chairman Chabot shared these view in a speech on the House floor:

Michael Stanek, VP & Chief Financial Officer of Hunt Imaging, Berea, OH – May 20, 2015
“Free trade agreements are extremely important as they lower foreign barriers to our exports and produce a more level playing field. Without TPA, the U.S. is relegated to the sidelines as other nations negotiate trade agreements without us – putting American workers and companies – especially small ones – at a competitive disadvantage.”

Dyke Messinger, President of Power Curbers, Inc., Salisbury, N.C. – May 20, 2015
“Passage of TPA, which lapsed in 2007, is critical to restore U.S. leadership on trade…Manufacturers in the U.S. face steeper trade barriers abroad than virtually any other major country, including Mexico, China and Europe, largely because those countries have entered into more market-access agreements that the United States. Trade and foreign markets are critical for small business like Power Curbers.”

Brian Bieron, Executive Director of the Global Public Policy Lab for eBay – May 20, 2015
“Through our experience, we have found that technology is transforming trade by allowing Main Street businesses to directly take part in globalization, reaping the benefits of markets previously only open to the largest global companies. This is good economics because it means more growth and wealth, and it is good for society because it means a more inclusive form of globalization.”

Kevin Severns, Owner of Severns Farm, on behalf of California Citrus Mutual, Sanger, CA – June 11, 2015
“Without [TPA] critical negotiations with some of our key export markets may well stall. My understanding is that on average, U.S. citrus exports to the countries included in the Trans-Pacific Partnership can currently face tariffs as high as 40 percent. Given that 35 percent of California’s citrus crop is exported around the world, access to these markets is vital to us.”

For more on the Small Business Committee’s recent trade hearing, click here. For recent Small Business Committee trade legislation, click here and here.  For Chairman Chabot’s recent op-ed in the Washington Examiner on small business and trade, click here.

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