For Immediate Release
January 20, 2016
Contact: Dave Gilliard
“Although the source of my expertise and passion to run for Congress surrounds issues of public and homeland security, there are many other issues of federal concern currently that merit my response. One such area is the Trans-Pacific Partnership, or TPP.
“Increasing our country’s marketability overseas, while protecting our industries here, should be paramount in any Free Trade Agreement. I don’t believe the current TPP accomplishes either. I fear without greater protections, countless American jobs will be shipped overseas and lost for good at a time when our own economy and jobless picture continues to struggle. Those jobs that remain will suffer diminished wages as they try to compete with Pacific countries where standards and wages are much lower. Further, although large multi-national corporations may realize the benefit from the TPP and be able to grow and expand, small and medium size businesses—which are central to the economy and job creation—will be placed in greater economic peril. Lastly, the TPP does not adequately address the potential for currency manipulation by countries to achieve a price advantage over American products.
“In sum, whenever such global authority is vested in one individual under a Trade Promotion Authority agreement; is negotiated in secret; eliminates regulatory barriers in some instances yet establishes onerous ones in others; and is fast-tracked for consideration, I don’t believe it can—or did—produce the best product. Although we already have Free Trade Agreements with six of the eleven TPP countries, it is important to continue to work publicly toward such agreements with other nations. Increased trade in established and developing economies can be a tremendous benefit to American industries and workers and should remain an important and urgent goal. This TPP, however, falls short of adequately protecting the interests of American businesses and workers both here and abroad,” concluded Sheriff Jones.
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