The Boston Globe is reporting that U.S.-based shoe manufacturer New Balance has come out hard against the Trans Pacific Partnership trade deal. The odd thing, though, is that "the Boston company had gone quiet [on TPP] last year."
Now, apparently, we know why:
New Balance officials say one big reason is that they were told the Department of Defense would give them serious consideration for a contract to outfit recruits with athletic shoes.
But no order has been placed, and New Balance officials say the Pentagon is intentionally delaying any purchase.
New Balance is reviving its fight against the trade deal, which would, in part, gradually phase out tariffs on shoes made in Vietnam. A loss of those tariffs, the company says, would make imports cheaper and jeopardize its factory jobs in New England.
Tariffs on shoes are steep, and New Balance is one of a handful of shoe companies that still manufactures shoes in the United States. (Though, 75 percent of their shoes are made abroad.)
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3 comments:
So now we know that DOD and Pentagram are front running Barry's international trade deal to destroy jobs in the US.
Great.
Guess the pressure didn't work. Good for the company coming forth. No new news but its good to have confirmation on how our government has been driving jobs overseas. It's been going on a long, long time. Hence, why the striking Verzonites are morons. They're just giving them more reason to move more jobs. Perhaps that's why the unions keep pushing strikes. Seems like Libs and Unions go hand in hand. They certainly did enough to get Obama re-elected, didn't they. Connect the dots, kids. You've been played.
I would, for once, like to see union picketers outside the work place with signs that say "We're Really Happy! Thank You!
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