Bloomberg & Donohue: Help American Workers. Pass TPP.
Originally posted on Bloomberg.com
By Michael R. Bloomberg & Thomas J. DonohueHillary Clinton and Donald Trump have both said they will oppose the Trans-Pacific Partnership, a trade pact between the U.S. and 11 nations negotiated by the Obama administration and signed in February. But their views shouldn’t matter much, because the issue should never get to the next president’s desk. Congressional consideration of the agreement has been delayed long enough. Congress should vote on the bill -- and pass it -- before the year is out.
Anti-trade sentiment has made it fashionable for candidates to oppose TPP. But while a vocal and energized faction of voters on the left and right advocate protectionist measures, most Americans -- including majorities in both parties and among independents -- believe more trade is good for the American economy. So do nearly all economists and a large majority of the business and agriculture communities.
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