WASHINGTON, DC—Congresswoman Rosa DeLauro (D-CT) released the following statement today on the Trans-Pacific Partnership (TPP) negotiations occurring in Washington, DC this week. DeLauro is a longtime opponent of trade deals that cost American jobs and undermine critical worker, environmental, financial and food safety protections.

“Right now, lead negotiators from the 12 nations involved in the Trans-Pacific Partnership are meeting behind closed doors and without input or oversight from members of Congress. The Administration has repeatedly refused to take into account the deeply harmful impact the TPP would have on workers and families, food safety, intellectual property, financial regulations, the environment and access to medicine. The American people want confidence that international trade creates jobs and grows the economy. Instead, we know that corporate interests are driving these negotiations

“Significant, unresolved issues remain, and congressional approval of either the TPP or Trade Promotion Authority is far from certain. There are still no currency provisions in this agreement. Countries that undervalue their currency do so to make their goods cheaper, giving them an unfair trade advantage and accelerating the export of our jobs overseas. Large bipartisan groups in both chambers of Congress have made it clear that there will be no deal without a strong, enforceable currency chapter.”