Today the Washington International Trade Association held the third panel of a four part breakfast series on the Transpacific Partnership (TPP). The title of today’s panel was “U.S. Priorities and Objectives” and focused on many of the important issues that are part of the TPP talks when it comes to manufacturers, exporters, American workers and the environment.
National Association of Manufacturers (NAM) Vice President of International Economic Policy Linda Dempsey participated in the panel discussion along with Stephen Schaefer of ECAT, Ilana Solomon of the Sierra Club and Thea Lee of the AFL-CIO. The panelists engaged in a robust discussion on what each group is looking for in the TPP negotiations.
Market opening agreements like the TPP are essential to the competitiveness of manufacturers in the United States. With 95 percent of the world’s consumers outside of the U.S. we have to find ways to lower trade barriers to increase U.S. manufactured goods exports. “The U.S. can’t sit around and just sell to itself,” said Dempsey.
One topic the panelists could agree on was the need for strong enforcement of an agreement. It doesn’t do much good to have an agreement with high standards if it is not enforced, which is absolutely necessary to give manufacturers a level playing field.
Today’s panel was a good discussion of the many different points of view on the TPP. Manufacturers are committed to continuing to work with the Administration and Congress to ensure a robust outcome to the TPP negotiations that strengthen opportunities for manufacturers in the United States.