WASHINGTON, D.C.—U.S. Chamber of Commerce Executive Vice President and Head of International Affairs Myron Brilliant issued the following statement as the U.S. and 11 other Asia-Pacific nations signed the Trans-Pacific Partnership (TPP) today in a ceremony in New Zealand:
“Today marks a potentially historic step forward for U.S. competitiveness and more dynamic economic growth. The TPP will sweep away the tariffs and other trade barriers that too often deny a level playing field for U.S. exports. It will unleash the digital economy, strengthen our innovative and creative industries, and end the favoritism afforded to state enterprises. It can be a game changer for American workers, ranchers, and companies — and for our friends and allies in the Asia-Pacific region.
“History shows that if we don’t move ahead on trade, we’ll be left behind. Other nations understand this: While the ink is barely dry, the TPP is already drawing interest from other Asia-Pacific economies that want to follow its ‘race-to-the-top’ recipe for trade and growth.
“At the same time, the Chamber continues to encourage the administration to work with Congress to address legitimate concerns expressed by industry and legislators. Doing so is critical to our efforts to secure strong bipartisan approval of the agreement.”