Oregonian Editorial Champions TPP, Urges Support for Wyden
The Trans-Pacific Partnership provides an opportunity to "maintain U.S. jobs and boost stagnant wages," despite warnings from critics that TPP will harm the U.S. economy, said The Oregonian in an April 2 editorial (here). The trade pact would stimulate U.S.…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
growth by opening up export markets, said The Oregonian. Senate Finance Committee ranking member Ron Wyden, D-Ore., hasn't yet reached a public agreement with committee Chairman Orrin Hatch, R-Utah, on Trade Promotion Authority, widely seen as critical to TPP implementation (see 1503310017). "Trade benefits all areas of the state, from athletic apparel and semiconductor companies in the Portland area to wheat farmers in Eastern Oregon to berry growers and wine producers in the Willamette Valley and Southern Oregon," said the editorial. "Oregonians should cheer Wyden as he helps negotiate for increased trade transparency. But they also should expect him and the rest of Congress ultimately to reach a deal on both trade promotion authority and the Trans-Pacific Partnership." TPP involves the U.S. and 11 other Pacific Rim countries, including Japan, the globe's third largest economy. U.S. industry is also eyeing Vietnamese inclusion in the pact as a boon to apparel importers (see 14081105).