Trade Promotion Authority is a key part of a comprehensive strategy to increase exports and support more American jobs at higher wages, including in a stronger manufacturing sector. We welcome the introduction of the Bipartisan Congressional Trade Priorities Act of 2014 as an important step towards Congress updating its important role in trade negotiations. We look forward to working with Democrats and Republicans in Congress throughout the legislative process to pass Trade Promotion Authority legislation with as broad bipartisan support as possible.
The United States has the most open markets in the world, but our products and services still face barriers abroad. That's why we need to use every tool we have to knock down trade barriers that prevent American goods and services from being exported. If we don't seize these opportunities, our competitors surely will. And if we don't take the leadership to set high standards around the world, we will face a race to the bottom which is not in the interest of our workers and firms.
As this process moves ahead, we stand ready to work with Congress to renew the Generalized System of Preferences Program and protect and strengthen Trade Adjustment Assistance for America's workers.