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looking beyond borders

foreign policy and global economy

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

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