US president Barack Obama on Friday visited Nike's headquarters in Beaverton, Oregon to promote the 12-nation trans-Pacific Partnership trade agreement.

The American multinational corporation promised to create 10,000 jobs if the US approves the accord, for which Obama is seeking 'fast track' authority.

President Obama noted that the agreement would help American workers stay at top across the world.

Obama said, "If we don't write the rules for trade around the world, guess what? China will. The Trans-Pacific Partnership is the highest-standard, most progressive trade deal in history, because it includes provisions on the environment and preventing child labor".

Nike CEO Mike Parker said in a statement that the agreement with US will help foster bringing more manufacturing jobs back to the US.

He further said they believe that the agreements that encourage free and fair trade will allow the company to do what they are best at i. e. innovation, expansion of business and drive economic growth.

Some democrats fear that the deal with the athletic giant will would hurt American workers, but president Obama completely refused the claim and said that the assumptions are wrong.

Obama's appearance at the Nike headquarters illustrates the competing, and contradictory goals of trade and how footwear makers can encapsulate the debate that is churning around Obama's efforts to negotiate a Trans- Pacific agreement that would open up commerce among the U. S. and 11 Pacific Rim countries.

Acknowledging the statement Obama said He is very well aware that lots many people are skeptical about the trade. But he said past trade deals didn't always live up to the hype. Labor and environmental protections weren't always strong enough.

Nike said reducing tariff in the US and in other countries that are part of the Trans-Pacific deal, would allow it to manufacture more shoes in the U. S.