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Baucus praises Obama request for trade promotion authority

President Barack Obama has asked Congress for trade promotion authority and trade-related worker adjustment assistance, a move that Senate Finance Committee Chairman Max Baucus, D-Mont., praised in a news release.

Baucus noted that Trade Adjustment Assistance expires in December and that he and Sen. Susan Collins, R-Maine, had introduced a bill last week to provide for TAA through 2020.

“Trade promotion authority and worker training give America’s workers the skills and opportunities they need to compete in the global marketplace,” Baucus said.

“Trade supports good-paying jobs, and boosting our exports creates new opportunities for America’s farmers, ranchers, businesses and workers. Trade Promotion Authority and Trade Adjustment Assistance are two sides of the same coin, and together they make trade work. Passing both is critical to America’s trade agenda.”

Collins added, “TAA programs provide critical assistance to trade-impacted industries in Maine — such as the pulp and paper manufacturing sector, lobstermen, and blueberry growers. Indeed, TAA is a crucial lifeline for those in trade-impacted industries, who through no fault of their own lose their jobs.”