Myth Vs. Fact On Fast-Track Executive Authority | Economy In Crisis
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"Myth: Trade agreements implemented under fast-track will not supersede existing U.S. law.
Truth: Every trade agreement negotiated by the President and foreign governments is accompanied by implementing legislation which necessarily supersedes existing law. Proponents of fast-track are relying on semantics: the trade agreement itself will not supersede existing law, but the “fast-tracked” legislation implementing the trade agreement will. What’s more, the Trans-Pacific Partnership—which would be fast-tracked by TPA—will give jurisdiction to international tribunals to settle disputes between parties to the agreement."
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