[20201214]IF10038_贸易促进局（TPA）.pdf

https:/crsreports.congress.gov Updated December 14, 2020Trade Promotion Authority (TPA)Trade Promotion Authority (TPA) is a time-limited authority that Congress uses to establish trade negotiating objectives, notification, and consultation requirements, and procedures to consider implementing legislation for certain reciprocal trade agreements provided that they meet certain statutory requirements (see Figure 1). TPA is authorized through July 1, 2021. TPA was reauthorized in 2015 by the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA) (P.L. 114-26), which was signed by then-President Obama on June 29, 2015, after a contentious legislative debate. For the first 20 years of TPAs existence (1974-1994), it continually was in force. However, it lapsed from 1994-2002 and from 2007-2015. TPA: Key Facts President tariff reduction authority first enacted in 1934 TPA First enacted in 1974 Renewed 4 times Used to consider 15 FTAs and 2 multilateral GATT/WTO rounds TPA 2015: In force until July 1, 2021 USMCA. TPA was used to implement and approve the United States-Mexico-Canada Agreement (USMCA). In addition, the Trump Administration notified Congress in 2018 th