Date: June 3, 2015
WASHINGTON, D.C. (CBSDFW.COM
) – CBS 11 News' Karen Borta traveled to the White House to interview President Barack Obama about the proposed major trade agreement called the Trans-Pacific Partnership. Supporters say it will increase wages and lead to more jobs. But critics say they don’t believe that will happen.
The President told CBS11 the deal would keep jobs here, raise wages and open new markets. “The truth is this is going to be extraordinarily open,” says President Obama. “We don’t have an agreement yet, so it’s true what we haven’t laid out the actual agreement, this just gives us the authority to negotiate.”
President Obama says the trade deal being negotiated would put new standards in place that would help protect workers and the environment. And the President says it would help North Texas companies like Ennis-based Polyguard Products. The CEO there supports the deal.
“These things have expanded the economy in the past,” says John Muncaster. “If we don’t join the world league and play in it – and then we’ll have to go back down to the minor league.” The company employs around 120 people and exports to more than 30 countries. Muncaster says the Trans-Pacific Partnership would open even more markets for them, allowing them to hire more workers.