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CEA Applauds U.S., 11 Other Nations for Trans-Pacific Partnership DealThe following statement is attributed to Gary Shapiro (News - Alert), president and CEO, Consumer Electronics Association (CEA)®, regarding the conclusion of the Trans-Pacific Partnership (TPP): "With continued expansion of the digital economy and global supply chain, international trade is a driving force of revenue for U.S. businesses large and small. CEA has long supported trade deals that reflect the realities of the 21st Century, including the growing role of the Internet and digital economy. "In 2014, the U.S. exported $36 billion in information and communication technology products to TPP countries, and TPP eliminates import taxes as high as 35 percent on U.S. information and communication technology exports to those countries. By removing trade barriers, requiring balanced copyright rules and promoting innovation and sustainable growth across the Asia-Pacific region, the TPP stands to benefit American businesses and workers through increased exports, greater contributions to the U.S. economy and the creation of new, high-paying jobs. "We thank Ambassador Froman and the U.S. interagency negotiating team for their roles in facilitating the TPP negotiations. We are carefully reviewing the details of the agreement and look forward to working with Congress and the Administration to ensure the final results have the best interests of American businesses and workers in mind." About CEA: The Consumer Electronics Association (News - Alert) (CEA) is the technology trade association representing the $285 billion U.S. consumer electronics industry. More than 2,000 companies enoy the benefits of CEA membership, including legislative and regulatory advocacy, market research, technical training and education, industry promotion, standards development and the fostering of business and strategic relationships. CEA also owns and produces CES (News - Alert) - The Global Stage for Innovation. All profits from CES are reinvested into CEA's industry services. Find CEA online at CE.org, InnovationMovement.com and on social. UPCOMING EVENTS
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