US manufacturers fear secretly negotiated trade deal a ‘race to the bottom’
by Rob Hotakainen
LEESBURG, Va. — With 1,350 employees in its five U.S. factories, New Balance is proud that it still produces 7 million pairs of shoes each year at its plants in Maine and Massachusetts, the last major athletic footwear company that still has manufacturing jobs in the United States. But the company says those jobs could very well disappear if the U.S. scraps its tariff on athletic footwear coming in from Vietnam. Continue reading New Trans-Pacific Trade Deal Ignites Fears of Job Losses