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Mr. Speaker, I thank the gentleman so much for yielding and for his good work.
Mr. Speaker, trade means prosperity. In any trade, both sides go away with something of greater value to themselves, or the trade wouldn't take place. More markets for American products means more jobs and higher wages for American workers. More products entering our economy means more consumer choices and lower prices.
Trade agreements make trade possible, but the authority to effectively negotiate trade agreements lapsed years ago, handicapping America ever since. This is not some new power; it just restores the same negotiating process that has served us well since the 1930s.
A lot of people confuse the TPA with the TPP. That is a trade agreement that hasn't even been finalized. If it is finalized, this bill assures that it has to meet 150 congressionally mandated conditions and be available for every American to read for at least 60 days before Congress votes to approve or reject it.
TPA tells world markets America is back.
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