Business group sees thousands of U.S. jobs from Pacific trade deal

April 20, 2015 6:05 PM

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Business group sees thousands of U.S. jobs from Pacific trade deal

WASHINGTON (Reuters) - The 12-nation Pacific trade pact would create nearly a quarter of a million U.S. jobs due to increased foreign investment in the United States, a business group estimated on Monday, in the first look at the deal's employment impact.

The Trans-Pacific Partnership (TPP), a potential legacy-defining achievement for President Barack Obama, is near completion but has run into opposition from Democrats and others who worry the deal would cost U.S. jobs.

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