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NTU Comments on the Need for Reexamination of Trade Agreements

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NTU’s Executive Vice President Brandon Arnold commented, “There is no doubt that the Trans-Pacific Partnership contains flaws; however, the Trump administration would best serve our nation's interests by directly addressing these problems rather than completely withdrawing from the agreement. TPP has the potential to lower the cost of consumer goods, increase the productivity of American manufacturers, and open up new international markets for U.S. products and services.”

Arnold went on to say, “President Trump should re-engage in TPP negotiations while pursuing these pro-growth goals and resist a move toward protectionism. Further, as the President reexamines NAFTA, he should strive to update and modernize the agreement in a manner that reduces the taxes and burdens that impede international commerce.”