TPP: America’s Business and Ag Leaders on What’s At Stake | Trade Benefits America

TPP: America’s Business and Ag Leaders on What’s At Stake

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From Alabama to Wyoming and every state in between, America’s business and agricultural leaders are speaking out about why Congress should approve the Trans-Pacific Partnership (TPP) this year and what’s at stake.

Here’s what they’re saying:

Carson Klosterman, President, North Dakota Corn Growers Association (Fargo): “America’s farmers and ranchers produce the best beef, pork, dairy and corn in the world. Yet we are losing market share to competitors in the Asia-Pacific region, because we don’t compete on a level playing field. Other countries are negotiating free trade agreements without us. Without TPP, it will only get worse and we will continue to lose market share and have lower prices for our commodities and livestock. North Dakota’s agriculture is already a success story, bringing millions in economic activity and supporting thousands of jobs.” Read more

Betsy Markey, Region VIII Administrator, U.S. Small Business Administration (Missoula): “… TPP would help open doors for small businesses that would otherwise remain closed. It would be the first trade agreement that incorporates a chapter regarding American small and medium-sized enterprises. … Opponents of the deal contend that increased global trade moves jobs overseas. But for our small business sector – which creates two out of three new jobs in our country – the opposite is actually true. … Passing TPP would help small businesses share their ingenuity with vast new pools of waiting consumers who believe in the American brand, keeping alive that intrepid entrepreneurial spirit that makes this nation so great.” Read more

Margaret Dunlap, Marketing Manager, UPS (Hendersonville): “Despite the political rhetoric, the facts about trade still stand: The Trans-Pacific Partnership will take time, cost and complexity out of trade, especially for small and medium-sized businesses, while stimulating much-needed economic growth here in Tennessee. As a business leader in our community, I write on behalf of the 2,665 UPS employees here in Nashville to express support for the TPP ... The bottom line is that when it is easier to trade, more trade happens. And more trade means more jobs at UPS, and for our customers.” Read more

Scott Stenger, Legislative Director, Alliance of Wisconsin Retailers (DeForest): “Much has been written over the last couple of months about whether or not Congress should ratify the Trans-Pacific Partnership. Wisconsin retailers believe it is time for Congress to work in a bipartisan manner to approve the TPP. … Retailers and the jobs they create here in the United States either at their stores, distribution facilities or Ecommerce facilities are directly impacted by this kind of positive legislation. TPP passage will foster job growth not only for retailers but all of the ancillary industries that support them. The TPP is good for the United States and good for Wisconsin. Wisconsin retailers support ratification of the TPP.” Read more

Jim Ratcliff, President and CEO, Rowpar Pharmaceuticals, Inc. (Scottsdale): “… TPP is not just important for Rowpar. It’s also necessary for the Arizona and U.S. economies. Last year, Arizona grossed $2.26 billion in exports, a 6.2 percent increase from 2014. Small and medium-sized enterprises like my company accounted for nearly 30 percent of that $2.26 billion, over half of which came from countries who have trade agreements with the U.S. Exporting allowed Arizona to support 93,354 jobs in 2014. … I urge Congress to pass TPP, as it’s the best choice for small businesses and Arizona.” Read more

Jeffrey Frankel, Professor of Capital Formation and Growth, Harvard Kennedy School (Cambridge): “Although it is correct that TPP goes beyond previous trade agreements, it also reduces traditional tariffs and quotas. It is true that the United States will not be lowering many such import barriers under TPP, because we don’t have many. But other members around the Pacific Rim have lots. TPP will lower their trade barriers and so allow new opportunities for US exports. American exporters who will benefit include such industries as machinery, automotive products, and information and communications technology hardware. US farmers will be able to export dairy products to Canada, poultry to Vietnam, and beef, pork, soybeans, and wine to Japan. And US service firms will be able to enter fields where they have a comparative advantage such as engineering, education, software, express delivery services, and much more. These are important wins for the US economy.” Read more

Expanding opportunities for America, including through trade agreements like the TPP, is good for business, good for the U.S. economy and good for U.S. jobs. For more information on the benefits of trade and the importance of the TPP to every state, click here.