Microsoft Corp. today praised the U.S. Congress for approving Trade Promotion Authority (TPA) and giving President Bush increased ability to negotiate new trade agreements that will expand markets for U.S. exports and enhance economic growth at home. International trade is vital to Microsoft and the U.S. information technology (IT) industry. But the United States has fallen behind the rest of the world in negotiating trade agreements since TPA expired in 1994. Today's action will allow U.S. technology companies to compete overseas, increase productivity and create new, high-wage jobs.
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