The Hill News

After a few quiet years for trade policy, the Obama administration and Congress are on the brink of a major breakthrough. Three new FTAs and an extension of Trade Adjustment Assistance (TAA) are logically and politically linked and are ready to move through Congress together. Unfortunately, shortsighted thinking threatens to grasp defeat from the jaws of victory.



The three FTAs with important trading partners were negotiated by the Bush administration. The Obama administration fine-tuned the agreements, but is now ready to endorse them. After almost a decade of negotiations, the agreements are on track for final approval.

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