Thursday, September 29, 2016

Have Faith in U.S. Leadership: Let's Cross the Finish Line on TPP

©iStock/chombosan
Let's face it.  The Trans-Pacific Partnership (TPP) will boost exports, help us shape the rules of the global economy, and create jobs.  Then why are we stalling on passing TPP and why are both Donald Trump and Hillary Clinton against it?

According to Commerce Secretary Penny Pritzker, leaders from several TPP trading partners have made it clear that a U.S. failure to ratify the deal before President Obama leaves office “will require them to hedge their bets and consider closer relations with others in the region” like China.
Commerce Secretary Penny Pritzker said small- to medium-sized businesses are the “biggest beneficiaries” of the Trans-Pacific Partnership (TPP) trade agreement and that failing to ratify the deal would broadly hurt the U.S.'s reputation in the rapidly growing Pacific region.
Fact:  98% of U.S. exporters are small businesses and they account for more than 1/3 of U.S. exports.

Read more:  Pacific deal will boost exports for small businesses | TheHill

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