NAM Board Passes Resolution Calling on Administration and Congress to Renew Trade Promotion Authority
Manufacturers Send Clear Signal That TPA Is Crucial to Growing Manufacturing, Creating Jobs in the United States
In a rare resolution vote today, the National Association of Manufacturers (NAM) Board of Directors called on the Administration and Congress to act quickly to restore Trade Promotion Authority (TPA) so that the United States can open markets and pursue the type of robust trade policies and agreements that will help grow manufacturing.
The NAM Board comprises 250 of the nation’s top manufacturing executives, representing large and small companies alike across all industrial sectors and more than 12 million manufacturing employees.
“American manufacturers can compete with anyone—provided they have open markets and a level playing field,” said Caterpillar Chairman and CEO and NAM Board Chair Doug Oberhelman. “However, to remain competitive, Congress and the Administration must ensure the proper policies and procedures are in place to advance both the negotiation and implementation of trade agreements by the United States. Today’s resolution sends a clear message that manufacturers want action when it comes to renewed Trade Promotion Authority.”
The resolution gives a unifying voice to manufacturers who place a high priority on renewal of the framework. Following the passage of this resolution, manufacturers will intensify their efforts with the Administration, Capitol Hill and elected officials across the country to make passage of TPA a priority this year so that America can lead on trade around the world.
“Trade is working for manufacturers, giving them vital access to an $11 trillion global industrial goods market. Our 20 existing trade agreement partners purchased nearly 13 times more goods from the United States in 2012 than did other countries,” said NAM President and CEO Jay Timmons. “Restoring Trade Promotion Authority is vital to accelerating and implementing comprehensive market-opening trade agreement negotiations, which will make us more competitive globally and help us create manufacturing jobs right here at home.”
To read the resolution, click here. To read more about the NAM’s TPA priorities, click here.