This week U.S. Trade Representative Michael Froman visited Japan to discuss the Trans-Pacific Partnership with his Japanese counterpart ahead of President Obama’s visit with the Japanese prime minister later this month.
A finalized TPP deal could be a win for Iowa’s agriculture exports, according to Senator Chuck Grassley. But even if Froman’s talks prove successful, Grassley says a TPP deal won’t have a green light until the president has something called Trade Promotion Authority (TPP).
Grassley says, “But Congress can’t negotiate with 12 other countries. We don’t have that capability 535 people you can understand that. So we delegate to the President under strict rules of what can be negotiated or not be negotiated that’s called Trade Promotion Authority.”