Congressman Tim Ryan Slams TPP Agreement
Warren, Ohio – Congressman Tim Ryan made the following statement today in response to United States Trade Representative Trans-Pacific Partnership “Deal in Principal” announced today in Atlanta:
I am deeply disappointed in today’s announced deal on the Trans-Pacific Partnership. All we have to do is look at the shuttered factories across Ohio to know what past trade deals have done to our communities.
This broad and overarching 12-country deal makes up 40% of the world’s GDP and gives corporations wide-ranging powers to challenge federal law. Free trade without fair trade threatens manufacturing, innovation and inevitably leads to hundreds of thousands of American jobs being shipped overseas. Time and time again, we have seen how secretive trade agreements destroyed economic wellbeing in our state and across the nation.
Almost on a daily basis, I am confronted with stories from my constituents whose lives has been negatively impacted by past trade agreements. All these hardworking Americans ask for is a level playing field so they can get the compensation they deserve – but TPP does not live up to these basic standards.