US President Barack Obama on Monday signed H.R. 2146 which renews the trade promotion authority (TPA) and H.R. 1295, the “Trade Preferences Extension Act of 2015,” into law.
“One of the things we ought to be doing is rewriting the rules of global trade to make sure that they benefit American workers and American businesses, and that they reflect American values -- especially now, while our economy is in a position of global strength,” Obama said “The two bills that I’ll sign today will help America do just that.”