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House lawmakers express concern about TPP auto provision

Friday, October 2, 2015 16:22
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A multi-partisan activist group established to expose and resist US imperialism, corpora-terrorism, and the New World Order

House lawmakers express concern about TPP auto provision | 01 Oct 2015 | A bipartisan group of House lawmakers is worried that proposed rule of origin standards on autos in a Pacific trade deal corporate takeover will hurt the U.S. industry. Reps. Marcy Kaptur (D-Ohio) and Debbie Dingell (D-Mich.) on Thursday led a bipartisan group of 20 Democrats and one Republican — all who opposed fast-track authority for President Obama — calling on top U.S. trade officials to ensure that the United States doesn't lower tariffs until Japan more fully opens its market to imports as part of the Trans-Pacific Partnership (TPP) deal.  In a letter to U.S. Trade Representative Michael Froman, the lawmakers said that an effort to set a 45 percent rule of origin standard for vehicles manufactured in TPP nations would allow Japan “to continue with an undisrupted supply chain that could have a disastrous impact on the U.S. supply chain and resulting loss of American jobs in the years ahead.”



Source: http://www.legitgov.org/House-lawmakers-express-concern-about-TPP-auto-provision

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