Dear Joseph:
Thank you
for writing. My Administration is pursuing a trade agenda that will
place our workers, farmers, manufacturers, and businesses at the center of
the 21st-century global economy—one that promotes both our interests and our
values. Trade done right is a critical part of my strategy to create
jobs, spur growth, and strengthen the middle class.
With 95
percent of the world’s customers living outside our borders, our ability to
access new markets is vital to our economic well-being. The export of
American-made products supports millions of jobs here at home that pay up to
18 percent more than non-export-related jobs. And, 98 percent of the
more than 300,000 companies that export are small businesses. However,
even though more American businesses are exporting than ever before, most
businesses still don’t export anything—leaving an incredible amount of
opportunity that can be unlocked for our middle class. To take
advantage of that opportunity and level the playing field for our workers and
businesses, we’re moving forward with the most ambitious trade agenda in
American history, including the Trans-Pacific Partnership.
In the
Asia-Pacific region, the Trans-Pacific Partnership will knock down barriers
that block American made goods and services while promoting high standards in
the fastest-growing region in the world, including the strongest enforceable
labor and environmental provisions of any trade agreement.
To protect
our workers, the trade agreement will require countries to set a minimum
wage, protect the freedom to form unions and collectively bargain, and work
to end child and forced labor. To preserve the environment, it will
require countries to take tangible steps to curb wildlife trafficking, crack
down on illegal logging, and prevent overfishing. That’s why conservation
organizations like the World Wildlife Fund and The Nature Conservancy agree
that the enforceable provisions in the Trans-Pacific Partnership are a
critical step forward for environmental protection.
Some prior
trade agreements, like the North American Free Trade Agreement, or NAFTA,
have not lived up to their promise. The Trans-Pacific Partnership
addresses these problems through strong enforcement mechanisms, including for
the labor and environmental standards. This means that if our trading
partners, including Canada and Mexico, aren’t playing by the rules, we can
hold them accountable. The agreement also includes new rules that make
sure our businesses and property owners are protected from having property
taken by foreign countries, while making sure that foreign corporations can’t
undermine or get around our own laws and regulations. Because we know
that unfair currency practices by some governments hurt our workers,
businesses, and farmers, we are working with Congress on new tools and standards
that will make it easier for us to protect American workers and firms from
unfair competition.
The
Trans-Pacific Partnership is also America’s opportunity to lead in the
Asia-Pacific. The alternative to this agreement is to let other powers,
like China, carve up the region and drive down standards through bad trade
agreements. We cannot stay on the sidelines while China and other
countries write the rules of the road. We have to seize this
opportunity to help American workers and businesses compete on a level
playing field in the world’s largest markets in the decades to come.
To help us
secure the benefits of the Trans-Pacific Partnership, we are working with
Congress to enact Trade Promotion Authority, which allows Congress to put
forward its priorities for negotiating trade agreements. The new
version of Trade Promotion Authority Congress is considering guarantees that
future trade agreements, including the Trans-Pacific Partnership, will have
progressive, pro-worker, and pro-environment standards. This gives us
the leverage to bring home the best possible agreements for the American
people.
The new
Trade Promotion Authority mandates unprecedented transparency by requiring
that any trade agreement be published online for 60 days before I sign it,
and Congress will then have months to review, debate, and hold hearings on
the details of the agreement before they vote on it. And while we have
not yet finalized the Trans-Pacific Partnership, the current agreement is
available for all members of Congress to read and review, and we have
conducted over 1700 regular briefings with members of Congress on the status
of the negotiations and have provided full similar briefings for labor
groups, environmental groups, and other interested parties.
With a highly
educated workforce, an entrepreneurial culture, strong rule of law, and
abundant sources of affordable, clean energy, the United States has what’s
required to be the world’s manufacturing hub. My Administration is
working every day to help businesses locate, grow, and hire here so that our
businesses ship goods all over the world stamped with "Made in the
U.S.A." The good news is that this is already beginning to happen—over
the last few years, our manufacturers have been steadily creating jobs in the
U.S. for the first time since the 1990s. Good trade deals like the
Trans-Pacific Partnership will continue that trend and ensure that jobs are
not outsourced, but rather are created here at home. We will continue
to push forward on these efforts because we know that when the playing field
is level, American workers and businesses don’t just compete, they win.
Again, I
appreciate your message. I am confident we can support job growth at
home and boost exports while promoting our values and raising standards
around the globe.
Sincerely,
Barack Obama
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