Officials Reach Deal On Trans-Pacific Partnership

The United States and 11 other Pacific Rim countries have reached a deal on the most sweeping trade liberalization pact in a generation.

TPP is a deal that could reshape industries and influence everything from the price of cheese to the cost of cancer treatments, the 12 countries will cut trade barriers and set common standards.

The TPP has been controversial because of the secret negotiations that have shaped it over the past five years and the perceived threat to interest groups from Mexican auto workers to Canadian dairy farmers.

Obama said the pact will “level the playing field” for American workers and businesses and added that Americans would have months to read the deal before he signs it into law.

More details can be read at: image

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s