TPP Trade Deal: Who Stands To Gain, Suffer In Asia-Pacific

The Trans-Pacific Partnership is the biggest trade agreement in history, reducing tariffs and other forms of protectionism in a dozen countries making up about 40 percent of the global economy with economic output of almost $30 trillion. The White House estimates it will eliminate 18,000 tariffs on U.S.-manufactured goods, while giving everyone from Vietnamese shrimpers to New Zealand dairy farmers cheaper access to markets across the Pacific.

Read Here – Bloomberg

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.