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Small Businesses Overwhelmingly Support Contentious Trade Deal

Photo: REUTERS/Mike Blake

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Robert Donachie Capitol Hill and Health Care Reporter
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Small business leaders in America overwhelming support free trade and the Trans Pacific Partnership (TPP), according to survey results from FedEx Corporation.

FedEx issued a new index Monday that comprises survey results from over of 1,000 small business leaders across the United States to track the broader impact of international trade on American small businesses.

The results were somewhat shocking, given the arguably anti-free trade narratives by Republican nominee Donald Trump and Democratic nominee Hillary Clinton.

American small business leaders feel as strongly as the presidential nominees, just in the opposite direction.

Some 65 percent of small businesses that engage in trade report revenue gains and employment increases. Only 46 percent of small businesses that did not engage in trading reported similar gains, according to survey data. Small business that engage in trade are also 20 percent more likely to report new hires.

Almost half of all small business leaders surveyed supported the TPP. When looking at those that engage in trade, the number rises to 66 percent.

Juxtaposing small business leaders with registered voters in the U.S., just 35 percent of voters support the TPP, according to a morning consultant August poll.

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