House Ways & Means Trade Subcommittee Holds Hearing on TPP

On December 14, the House Ways and Means Subcommittee on Trade held a hearing on the status and future of the ongoing Trans-Pacific Partnership (TPP) negotiations as well as the potential benefits of the agreement for U.S. companies, workers, and farmers. The hearing focused on the progress of the negotiations, a timetable for conclusion, and possible new members.

Witnesses at the hearing included:
Ambassador Demetrios Marantis, Deputy U.S. Trade Representative
Devry S. Boughner, Cargill, Inc.
Angela Marshall Hofmann, Wal-Mart Stores
Michael Wessel, President, The Wessel Group

The Chamber submitted a statement for the record offering support for the agreement and expressing a desire to see the TPP include the highest possible standards for trade and investment. The Chamber is also preparing comments for the Office of the U.S. Trade Representative regarding the possibility that Canada, Japan, and Mexico may join the TPP negotiations; for details, please contact Catherine Mellor, Director for Asia (cmellor@uschamber.com), on Japan, or Reuben Smith-Vaughan, Manager for the Americas (rsmith@uschamber.com), on Canada and Mexico.




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