01.23.17

Peters Statement on President’s Move to Withdraw from Trans-Pacific Partnership

WASHINGTON, D.C. – U.S. Senator Gary Peters (MI) released the following statement after President Trump signed an executive order to withdraw from the Trans-Pacific Partnership (TPP) trade agreement. Last week, Peters cosponsored legislation requiring the President to withdraw from TPP.

“We need fair trade policies that build a level playing field where American workers can compete and succeed. I have long opposed the TPP because it fails to address unfair labor practices and foreign currency manipulation that puts our American manufacturers and automakers at a competitive disadvantage, and I’m pleased the President took this step to withdraw from the agreement. I recently cosponsored legislation requiring the President to make this withdrawal because it threatens our country’s economic competitiveness. Moving forward, Congress and the Administration must press for trade policies that protect American workers and businesses, increase American exports and boost our competitive edge in the global economy.”

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