Ways and Means GOP Call Again for TPA, Emphasize Trade Boon for Small Business
Congress needs to pass Trade Promotion Authority in order to break down foreign trade barriers and boost U.S. exports, said Republican leadership on the Ways and Means Committee in a March 10 press release. Foreign “tariffs, quotas and red tape”…
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disproportionately prevent small and medium-sized businesses from exporting, said the release. Smaller companies don’t have the capacity to handle problems with foreign customs officials. Those trade barriers also often result in “maddeningly slow customs procedures,” said the committee Republicans, led by chairman Paul Ryan, R-Wis. Ways and Means Republicans have released a number of statements championing trade, and Ryan has repeatedly expressed support for TPA, but Congress still hasn’t docketed a TPA bill (see 1503090055).