“We are mindful of the current political commentary on trade,” said UPS chief executive David Abney during an investor conference call Friday on the company’s quarterly financial results. “Trade legislation to accelerate economic expansion like the Trans-Pacific Partnership is vital to the health of the U.S. economy. We encourage our political leaders to support and pass pending trade legislation.”
TPP, as the trade deal is known, has been criticized by candidates from both parties at their political conventions in the last two weeks. President Barack Obama pushed for the deal between 12 countries to eliminate trade barriers and tariffs, but the agreement has not yet been ratified by Congress. Opponents worry the deal would decrease American jobs.