Global Trade Accountability Act

The Global Trade Accountability Act, also known as Bill 118 s 1060, is a piece of legislation currently being considered by the US Congress. The main purpose of this bill is to increase transparency and accountability in global trade agreements.

One of the key provisions of the Global Trade Accountability Act is the requirement for the President to submit any proposed trade agreements to Congress for approval before they can be implemented. This is intended to ensure that Congress has a say in the negotiation and approval of trade agreements, rather than leaving it solely in the hands of the executive branch.

Additionally, the bill includes provisions for increased public disclosure of trade agreement texts, allowing for greater transparency and public input in the negotiation process. This is aimed at ensuring that the interests of the American people are taken into account in trade negotiations. Overall, the Global Trade Accountability Act seeks to make the process of negotiating and approving trade agreements more transparent and accountable to Congress and the public. It is intended to ensure that trade agreements benefit the American people and the economy as a whole.