Hatch Highlights Market Access, IP Protections for US Trade Agenda
Passage of Trade Promotion Authority will "jumpstart" a U.S. trade agenda that has the potential to fuel American job growth, said Senate Finance Chairman Orrin Hatch, R-Utah, in a Jan. 8 statement following the Senate's ratification of his chairmanship (here).…
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Many trade advocates eye the Trans-Pacific Partnership as central to that agenda. “We must act to tear down barriers to international trade and increase market access for American goods and services," said Hatch. "At the same time, we need to promote and enforce robust international trade rules, including strong intellectual property rights protections, so that our domestic innovators and job creators can reap the benefits of their competitive advantage and creativity." Lawmakers and industry representatives say Congress may move ahead on TPA in the coming weeks (see 1501070057).