Small Business

Current debate over trade policy revolves around two confusingly similar acronyms: TPP and TPA. The first, TPP, refers to the Trans-Pacific Partnership, a proposed free trade agreement among 12 Pacific nations. The second, TPA, refers to Trade Promotion Authority, (sometimes known as “Fast Track”), which provides for expedited consideration of trade agreements by Congress. The two are closely linked because, in the view of many observers, passage of TPA will be essential to concluding and ratifying the TPP agreement. Together, the TPP and TPA provide an interesting mix of policy and politics.Read More »Blog No. 36 Free Trade Agreements: Good Policy–and Good Politics for Republicans