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TPP Trade Deal May Wrap Up This Week
TPP Trade Deal May Wrap Up This WeekWASHINGTON—Talks on the complex and controversial Trans Pacific Partnership (TPP) are said to be nearing completion as top negotiators from 12 nations gathered Friday in Hawaii. Trade ministers will join the talks next Tuesday in an effort to resolve remaining issues.
If completed, the TPP would cut tariffs and trade barriers among participants, something supporters say would boost economic growth.
The TPP nations are Japan, Brunei, Malaysia, Vietnam, Singapore, Australia, New Zealand, Canada, Mexico, Chile, Peru, and the United States which together make up about 40 percent of the global economy.
In the United States, critics of TPP include environmentalists, and unions who say the deal would do too little to protect human rights, the environment and U.S. jobs.
If completed, the TPP would cut tariffs and trade barriers among participants, something supporters say would boost economic growth.
The TPP nations are Japan, Brunei, Malaysia, Vietnam, Singapore, Australia, New Zealand, Canada, Mexico, Chile, Peru, and the United States which together make up about 40 percent of the global economy.
In the United States, critics of TPP include environmentalists, and unions who say the deal would do too little to protect human rights, the environment and U.S. jobs.
The time is fast approaching to find out why so much political capital was expended on this........
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