ICYMI: Former Hispanic caucus chairs urge Congress to pass the TPP

In case you missed — yesterday The Hill published an op-ed from former Congressional Hispanic Caucus Chairs Rep. Charlie Gonzalez and Gov. Bill Richardson on the importance of the TPP for the Hispanic community and the economy of the border states. They are members of the Progressive Coalition for American Jobs. Key excerpt:

In Texas and New Mexico, workers in key industries will benefit from improved access to foreign markets. For example, Texas exported $29 billion of machinery products to the world last year, but these products face tariffs up to 70 percent in TPP markets. Likewise, New Mexico businesses exported $55 million of infrastructure products to the world last year, but these products face tariffs up to 30 percent in TPP markets. TPP will cut these taxes and reduce other barriers to U.S. exports.

That's especially important for America’s 28 million small businesses, which are the backbone of the American economy. They are engines of growth and innovation, and are the primary source of jobs for American workers. In fact, small businesses that export to foreign markets grow faster and create more, high paying jobs than small businesses that purely serve customers here in the U.S.

Read the full article here.