Washington – Tom Linebarger, Chairman and Chief Executive Officer of Cummins Inc. and Chair of the Business Roundtable International Engagement Committee, issued the following statement on today’s vote to begin debate on Trade Promotion Authority (TPA) legislation:
“We are disappointed with the outcome of today’s vote that would have started Senate debate on TPA legislation. TPA is critical to getting the best possible outcomes in trade negotiations. Expanding trade opportunities for America’s businesses and farmers is key to supporting well-paying jobs and delivering much-needed economic growth. We encourage the Senate to act as quickly as possible to consider and pass this bipartisan legislation.”
Passage of bipartisan TPA legislation is a top priority for Business Roundtable CEOs. The Roundtable founded and leads the U.S. business and agricultural community’s Trade Benefits America Coalition, aimed at educating on the benefits of trade and U.S. trade agreements and advocating for modernized TPA as an important tool for pursuing pending and future negotiations to provide further opportunities for U.S. economic growth and job creation.