Biden’s Fast-Track Trade Authority Is Set to Expire This Week

President Joe Biden is about to lose one of his main tools for getting trade agreements passed in Congress, dimming the outlook for deals alreadyin the works with U.K. and Kenya.

Trade Promotion Authority, or TPA, fast-track negotiating ability delegated to the U.S. president by Congress, is set to expire on Thursday. That power, which was granted under the Trade Act of 1974, has typically been renewed when Biden’s predecessors wanted to pursue specific pacts.