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 The trade promotion authority (TPA), due to expire on June 30, 2007, has prompted debate between political parties in Washington. The authority enables the President to negotiate international trade agreements and provides 'fast tracking' U.S. exports. In 2005 alone the chemicals industry exported more than $119.5 billion worth of products. Without this legislation in place, notes the American Chemistry Council, trade negotiations could stall and have a detrimental impact on the chemicals industry. Although support for extending the legislation is gaining momentum, there is concern that a Democratic-controlled Congress will allow the legislation to expire. Where does your company stand on trade?
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