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August Wolf on Free Trade

 

 


Ratify fast-track trade authority and TPP

Wolf endorses lowering individual and corporate taxes and ratifying the fast-track trade negotiating authority which reportedly is needed to pass the proposed Trans-Pacific Partnership (TPP) between the United States, Japan and 10 other countries, which collectively represent 40% of the global economy.

Obama has had far more support from Republicans than Democrats on fast track and TPP. The president has said that if America doesn't establish trade standards in the Pacific Rim then China, which has the world's second largest economy, will do so. "I believe that comparative advantage in trade is real," Wolf said, who supports the TPP.

Source: Brookfield Patch on 2016 Connecticut Senate race , May 31, 2015

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