Pros of TPP
The TPP boosts exports and economic growth, creating more jobs and prosperity for the 12 countries involved. It increases exports by $305 billion per year by 2025. U.S. exports would increase by $123.5 billion, focusing on machinery, especially electrical, autos, plastics and agriculture industries.
It does this by removing 18,000 tariffs placed on U.S. exports by the other countries. The United States has already removed 80% of these tariffs on their goods and services. The TPP evens the playing field.
The agreement adds $223 billion a year to incomes of workers in all the countries, with $77 billion of that going to U.S. workers. (Source: US Trade Representative, TPP Fact Sheet)
All countries agreed to cut down on wildlife trafficking, especially elephants, rhinoceroses, and marine species. It prevents environmental abuses, such as unsustainable logging and fishing. Those that don't will face trade penalties.
What else can we add to this list,
@Yorozuya @AMDR @Technogaianist @TechnoFox @LeveragedBuyout @Hamartia Antidote @gambit @jhungary @James Jaevid @WebMaster @Manticore @Oscar @CENTCOM @yoshi.oda @Viet @BoQ77 @Oldman1 et al.
I would appreciate your professional and academic contribution(s).
Thanks.
