New Balance is renewing its opposition to the Pacific Rim trade deal, saying the Obama administration backed out on a promise to give the American sneaker manufacturer a fair shot at military business if it stopped bad-mouthing the agreement that it opposed.
For years New Balance opposed the Trans-Pacific Partnership, a trade deal that made it easier to conduct business between the US and 11 other countries, but all of a sudden the Boston company, that has manufactured footwear in the US for over 75 years, had gone mute about the deal last year.
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