Trade group laments Trump TPP stand

A state trade group expressed disappointment Monday with President Donald Trump’s decision to back off from a major trade pact among Asia-Pacific nations. Washington’s economy, heavily reliant on exports, would have prospered under the proposed Trans-Pacific Partnership, the Washington Council on International Trade said.

The 12-country pact championed by Barack Obama “promised far-reaching benefits to trade-dependent Washington state, where 40 percent of our jobs are tied to trade,” said Lori Otto Punke, president of the WCIT.

Washington is one of the top states for exports with its aerospace, technology and agriculture industries depending on trade/Scott Maben, SR. More here.