NAM Supports TPP, Giving Admin. New Steam
The National Association of Manufacturers announced its support for the Trans-Pacific Partnership on Jan. 4 (here), giving renewed firepower to President Barack Obama at a critical time in the White House’s quest to persuade Congress to vote in favor of…
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the agreement. NAM, the nation’s largest trade association, in a statement said the TPP is a “significant improvement” over the status quo, both for manufacturers and the wider economy, as it should open up new export avenues. “We recognize this agreement is not perfect, and there are some principled objections to the TPP, so the NAM will continue to work closely with its members to address remaining barriers, to raise standards, to promote the rule of law and to further level the playing field for all,” NAM CEO Jay Timmons said. “Importantly, we encourage the administration to work closely with the industry, congressional leaders and the other TPP governments to address these key issues.”