Renewing the President's trade promotion authority to facilitate the completion of bilateral free trade agreements, reforming and reducing the scope of the farm bill to promote a successfulconclusion to the WTO Doha Development Round, and guarding againstpopulist, protectionist trade policy changes would go far towardexpanding economic opportunity in the U.S. and around the world.
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Trade is very important now, because trade is both good economicpolicy, and good foreign policy. Trade strengthens our allies,engages our potential adversaries, and its absence harms ourenemies. Trade Promotion Authority (TPA) is another arrow for thepresident's foreign policy bow.