Ford Statement on the Trans-Pacific Partnership

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Editor's Note:  The following is a statement on the Trans-Pacific Partnership (TPP) from Ziad Ojakli, Group Vice President for Government and Community Relations:
 
WASHINGTON, DC, October  5, 2015 – “As a top U.S. exporter, Ford supports free trade agreements that result in real market openings and a level playing field for all to compete.

“Within the U.S. Congress, there is bipartisan consensus that currency manipulation needs to be meaningfully addressed.  This summer, U.S. lawmakers took unprecedented action to set a clear negotiating objective for addressing currency manipulation in all future trade deals.  The TPP fails to meet that test.

 “To ensure the future competitiveness of American manufacturing, we recommend Congress not approve TPP in its current form, and ask the Administration to renegotiate TPP and incorporate strong and enforceable currency rules.   This step is critical to achieving free trade in the 21st century."

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  • commented 2015-10-06 19:54:30 -0400
    I am glad to see that FORD is not happy with what is going on in D.C.. NOW would be a good time for the upper management and the investors to start trying to find better terms with the WORKERS and the UNIONS BECAUSE there are stiff backlashes coming from the TPP and it will hit on both sides of the fence.
    Mr. President OBAMA, when the time comes and you sign that BILL my respect for you SIR will END. AND I feel that it is safe to say that I am not the only one that feels that way. Apparently Mr. President YOU forgot why you were elected.
  • commented 2015-10-06 09:49:16 -0400
    With all due respect to Mr. Ojakli and as a past Ford retired employee I would say that the wording and usage of "Free Trade " is a code word being used that is totally incorrect in meaning ,context and content. I’m sick and tired of all the miss leading and false propaganda coming from the so called “Free Traders” who have been undermining the American economy and American manufacturing. What we really need is “Fair Trade” that will bring more into balance the huge $700B trade deficit we are running every year now…At the same time we need to cut of the free flow of unchecked illegal labor at the border so that the threat of a significant labor strike has meaning once again. Last thing is for all unions to wake up and realize that they must use “industry wide bargaining” if the are to effectively achieve any real or meaningful pay or benefit increase gains.