American Shoe-Making Company Steps on Barack Obama’s Trans Pacific Partnership Trade Deal

Shoe-maker New Balance is switching sides to oppose President Barack Obama’s Trans-Pacific Partnership trade deal. The politically hazardous switch comes after the American company’s executives gave up waiting for a Pentagon shoe-production contract that had been offered by Obama’s deputies in exchange for company support of TPP.
The executives at New Balance initially wanted to oppose the treaty because the TTP-enforced shift would threaten New Balance’s shoe-making in the United States.


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