Why UPS CEO David Abney Supports TPP

The transcript discusses UPS's support for the TPP, emphasizing the importance of trade agreements for their customers. It highlights the role of China in trade negotiations and the benefits of US involvement in setting trade rules. UPS's lobbying efforts focus on convincing lawmakers of TPP's advantages, particularly for small businesses. The company addresses criticism that TPP benefits large corporations, arguing it creates jobs and supports emerging markets. UPS also engages employees to understand the deal's impact, linking package processing to job creation.

Why does UPS support the Trans-Pacific Partnership (TPP)?

• To compete with local delivery services

• To reduce shipping costs

• To gain market access and simplify trading rules for customers

• To manufacture goods in new markets

How does China's trade deal influence UPS's stance on TPP?

• It forces UPS to focus solely on the Chinese market

• It provides UPS an advantage to observe and strategize

• It makes UPS less interested in TPP

• It has no impact on UPS's decisions

What is a key reason for UPS's lobbying efforts in Washington regarding TPP?

• To increase their lobbying budget

• To convince lawmakers of the trade deal's benefits

• To reduce taxes on shipping

• To expand their operations in Europe

What is a common criticism of the TPP mentioned in the transcript?

• It will increase environmental regulations

• It primarily benefits large corporations

• It will lead to higher shipping costs

• It will decrease international trade

How does UPS relate package processing to job creation?

• Package processing has no impact on job creation

• Every package processed reduces job opportunities

• Job creation is unrelated to package processing

• Every 22 packages processed creates a new job