Right now, America is in a race with China to secure a trade deal with countries in the Asia Pacific — the fastest-growing markets in the world. The countries that would be part of our trade deal, the Trans-Pacific Partnership (TPP), received 62% of U.S. goods exports in 2014.
So the question is not whether we will trade, but how?
As President Obama has said, “past trade deals haven’t always lived up to the hype. That’s why I’ve made it clear that I won’t sign any agreement that doesn’t put American workers first.”
TPP gives America the greatest opportunity to change these rules and level the playing field for American workers. How? By putting in place tough new standards on labor, the environment, and in other areas that will make the Trans-Pacific Partnership the most progressive trade deal the world has ever seen.