The Traderszone Network

Published in TZ Latest News 8 May, 2015 by The TZ Newswire Staff

Nike backs Obama on trade with pledge to create 10,000 U.S. jobs

Sports shoe maker Nike Inc put its weight behind President Barack Obama’s push for a trade deal with Asian countries on Friday with a promise to create up to 10,000 U.S.-based manufacturing jobs if the pact is approved. In an announcement that coincided with a visit by Obama to Nike’s Oregon headquarters, the company said footwear tariff relief within the proposed 12-nation Trans Pacific Partnership trade agreement would allow it to speed up investment in “advanced footwear manufacturing” in the United States. Obama is pressing the U.S.

read more