Divide over “Fast Track”
Deepens Among US Lawmakers
US lawmakers in the House of Representatives are
growing increasingly divided over whether to renew “Trade Promotion Authority,”
a provision essential to ratifying deals such as the Trans-Pacific Partnership
(TPP) and the proposed US-EU trade pact.
Reports emerged on Tuesday that nearly half of the US House
of Representatives’ 435 members, from both sides of the aisle, have taken issue
with renewing the provision, which expired in 2007. With Trade Promotion
Authority, also known as “fast track,” the executive branch can submit
negotiated trade deals to Congress for straight up-or-down votes, without
amendments.
Specific concerns that dissenting lawmakers have raised
include whether Congress will have sufficient input into the crafting of new
trade deals, and how to account for any adverse impacts such pacts may have on
US workers and businesses.
US
Trade Representative Mike Froman, as well as the
leaders of the Senate Finance Committee, have lately been pushing for renewing
“fast track” in the near future, particularly given the efforts of US trade
negotiators and their foreign counterparts to conclude the TPP negotiations by
the end of this year.