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CSPAN Key Capitol Hill Hearings June 29, 2016

Abroad, we see market with higher tariffs and opaque regulatory systems. We can remove barriers to those markets, raise standards, and increase our exportrelated jobs, which more than nonexpert jobs. Right now, we compete with lowwage countries all over the world. What are we going to do about it . Tpp will open some of the largest and fastestgrowing economies. It will for the first time take a comprehensive approach to imposing disciplines on state owned enterprises, so that when they compete, they will have to do so on a fair playing field. It will take on the issues of the digital economy, the free flow of data, pushing back against digital protectionism, maintaining an internet that is open and free. It has the strongest ever labor and environmental provisions, and does so in a manner that is fully enforceable. But all these provisions underscore something broader at issue. It is the rulesbased system itself. No group understands the importance of the system better than this one. T ....

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