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US National Retail Federation heap praise on Trans-Pacific Partnership deal
THE US National Retail Federation (NFRA) congratulated United States Trade Representative Michael Froman and his team for achieving agreement among 12 nations in the Trans-Pacific Partnership trade deal.
"Trade agreements are vital for American retailers large and small," said NFRA vice president David French, reported the American Journal of Transportation of Plymouth, Massachusetts.
"They help merchants provide high-quality, low-cost goods to US consumers, and provide new overseas market opportunities for American companies and workers," he said.
"International trade supports millions of jobs in the retail industry, and that number will only grow with passage of TPP. NRF looks forward to reviewing the final agreement with our members to identify the benefits for retailers and their customers."
The NRF's recent "Trade Matters to American Retailers and Families" report found that international trade supports 6.9 million US jobs in the retail and restaurant industries alone, said the federation's release.
"Passage of the TPP and the Transatlantic Trade and Investment Partnership - the other major trade agreement currently being negotiated - could help eliminate nearly US$6 billion in tariffs that drive up prices of many imported consumer goods," he said.
"Trade agreements are vital for American retailers large and small," said NFRA vice president David French, reported the American Journal of Transportation of Plymouth, Massachusetts.
"They help merchants provide high-quality, low-cost goods to US consumers, and provide new overseas market opportunities for American companies and workers," he said.
"International trade supports millions of jobs in the retail industry, and that number will only grow with passage of TPP. NRF looks forward to reviewing the final agreement with our members to identify the benefits for retailers and their customers."
The NRF's recent "Trade Matters to American Retailers and Families" report found that international trade supports 6.9 million US jobs in the retail and restaurant industries alone, said the federation's release.
"Passage of the TPP and the Transatlantic Trade and Investment Partnership - the other major trade agreement currently being negotiated - could help eliminate nearly US$6 billion in tariffs that drive up prices of many imported consumer goods," he said.
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