Nike: Could Create 10,000 US Jobs With Trade Pact

Nike said Friday the company could bring thousands of jobs back to the U.S. if an Asian-Pacific trade agreement is approved. The Beaverton, Ore.-based athletic clothing and shoe company said the Trans-Pacific Partnership would help it create 10,000 jobs in manufacturing and engineering in the United States over 10 years.

"We expect that will actually create more like 40,000 jobs when you look at suppliers, other manufacturers who will be involved, and partners, engineers, construction jobs," Nike CEO Mark Parker said in an interview on CNBC's "Squawk on the Street." "So we think that this footprint will actually grow to a much larger number."