Chrysler, Ford and GM have supported every major trade agreement negotiation to establish a 21st Century Trans-Pacific Partnership (TPP) free trade agreement with Australia, Brunei, Chile, New Zealand, Malaysia, Peru, Singapore and Vietnam. AAPC also works to support U.S. trade relationships with other countries around the globe.
The Trans Pacific Partnership
The TPP will also provide a high standard free trade agreement model for the Asia-Pacific region, and a solid economic anchor for the United States in Asia to prevent an economic and trade divide in the middle of the Pacific region.
International Trade, and the TPP, will allow the U.S. to build on existing free trade agreements with four of the eight other countries (Australia, Chile, Peru, Singapore) by better coordinating and harmonizing gains already made in prior trade agreements with those nations. The TPP will serve as a substantial step forward by establishing free trade agreements with four new U.S. trade partners (Brunei, Malaysia, New Zealand and Vietnam). Finally, the agreement will allow the nine signatories to establish a model agreement capable of serving as a high-standard, broad-based regional pact.
Starting March 4, some of America's most important trading partners will meet in Singapore, to negotiate expanded trade across the Pacific. The Trans-Pacific Partnership (TPP) is a free trade agreement being negotiated between the United States and 10 other Pacific-rim countries: Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.
U.S. automakers on Sunday praised a group of 20 major nations for opposing efforts of central banks to weaken their currencies.