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Chamber of Commerce Op-Ed Highlights Benefits of TPP to U.S. Job Growth

Wednesday, October 19, 2016

(North American Meat Institute)

John Murphy, senior vice president for international policy at the U.S. Chamber of Commerce, penned an op-ed in which he argued that the Trans-Pacific Partnership (TPP) trade agreement would produce more high-skill, high-wage jobs for American workers. Murphy cited data showing manufacturing and service sector export-oriented jobs pay wages that average 18 to 20 percent higher than non-export related jobs. Murphy highlighted economic impact studies showing TPP would add $77 billion per year to U.S. real incomes by 2025. Murphy also touted other TPP-related benefits including the agreement's enhanced intellectual property protections, which would support additional jobs related to digital commerce, software, movies, television and other activities.

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