Trans Pacific Partnership : A Free Trade Agreement

The Trans-Pacific Partnership aims to establish a tariff free economic cooperation zones between twelve countries around the Pacific Ocean. These countries are the United States, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam, thus creating the largest trade zone in the world (Jackson, 2015). The

The UF SOTD and Tilted Windmills Theatricals did a remarkable job at presenting The Magnificent Revengers by Matt Cox. The production uniquely presented the play by allowing the audience to interact actively through technology. The technology used in the production made the play unpredictable and entertaining. Nicole Cannon’s fluid acting, Director Kristin McCarthy Parker’s casting and blocking choices, and Set Designer Colton Spurlock’s set arrangements are key components that contributed to the success of the production.

The Transatlantic Trade and Investment Partnership (TTIP) was introduce as vehicle spark growth between the United State and the European Union. The US and EU represent the most developed, modern and committed to the highest consumer protection in the world. It is the T-TIP goal to capitalize on the relationship by providing economic growth and more jobs to US and EU to 13 million jobs already supported by transatlantic trade and investment. It is the T-TIP goal and desire to cut the edge and tariff agreements to allow for greater compatibility and transparency, in trade and investment regulations, while maintaining high level of health, safety and environmental protection.

of markets, including the auto industry, and in the spotlight, the dairy and beef markets.

Both Canadian businesses and the government have similar goals and a shared vision to further develop its trade in the emerging Asian market as well as other international markets. The government provides businesses with the resources and presents them with opportunities by creating and pursuing trade agreements with these countries of interest.  One example of this is the recently signed Trans-Pacific Partnership (TPP). This Free Trade Agreement enables businesses to trade with countries including Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam. This treaty states that all parties must provide each other’s goods with “national treatment”, goods imported from a TPP party must

The Trans-Pacific Partnership (TPP) and Michael Froman (United States Trade Representative) need to decide whether it is necessary to reduce tariffs to benefit Americans and the economy or keep the tariffs in order to keep certain manufacturing jobs in the United States.

A draft of a top-secret piece of interstate agreement on the Trans- Pacific Partnership leaked online causing a hot status to its discussion. Trans -Pacific Partnership (TPP) - is the largest supra-trade and economic organization, the creation of which is scheduled for completion by the end of 2013. In an agreement on the TPP participating countries, generating more than 40% of global GDP: the U.S., Australia, Canada, Mexico, Japan, Singapore, New Zealand, Malaysia, Brunei, Chile, Vietnam and Peru. China and Russia are not included to this list.

The Trans-Pacific Partnership Agreement is a free-trade agreement between 44 different countries controlling 40% of the world’s economic output. It spans over 4 continents, comprising of 800 million people, and $28.5 trillion of combined gross domestic product between the 12-pact countries. The TPPA is the world’s largest free-trade agreement to ever exist. This partnership agreement achieves its power by implementing new rules and regulations in their attempt to improve the global economy. However, if the agreement is passed, the new laws introduced will negatively impact the Canadian economy because it strips away basic human rights and needs or make them harder to obtain by restraining government powers. The 6000-page contract targets government

Most people from Mexico, just like in Veracruz, lived a simple life. Their means of income was through farming, so obviously this was their bread and butter, but not until when NAFTA, the North America Free Trade Agreement, was implemented between the United States, Mexico, and Canada (The Other Side of Immigration). Urrea states “you’d think that at least there would be beans to eat, but the great Mexican bean-growing industrial farms sold much of their crop to the United States” (45). Since then, most Mexicans, especially those people from Veracruz, was affected. Even though the primary reason for this agreement was to eliminate trade and investment barriers between Canada, U.S., and Mexico to make produce less expensive, this brought a

America’s diminishing faith in free trade has been a controversial topic in the 2016 presidential election. As the former Secretary of State to a presidential candidate, Hillary Clinton has changed her attitude in regards to the Trans-Pacific Partnership because these different positions have allowed her to view different perspectives in international relations. When she was Secretary of State promoting the TPP was her duty but as a presidential candidate she spoke against it, claiming it is “for more new good jobs for Americans, for raising wages for Americans.” In an interview with PBS Clinton argued that the TPP “kills American Jobs” because there is no safety net support that American workers need in order “to be able to compete and win the global economy”. Meanwhile as seen in Donald Trump’s campaign website, the Trans-Pacific Partnership undermines our economy and it will also threaten American independence. Trump told Breitbart News that “he would negotiate trade deals with individual countries, rather than a giant multinational deals like TPP” yet he tells Fox News that he is all for free trade “but it’s got to be fair” and wishes to go back to the days when America used to produce their own items.

The Trans-Pacific Partnership (TPP) was a free trade agreement between the United States of America and 11 other countries including; Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. The TPP was signed by the leaders of the 12 countries that border the Pacific Ocean, in February 2016, including former president Barack Obama (Granville, Kevin). The twelve countries involved in the free trade agreement represent 40 percent of the value of goods and services produced worldwide or gross domestic product(GDP) (TPP: What is it and why does it matter?). The GDP of all of the countries in the TPP combined would have created a gross domestic product of about 28 trillion dollars. The United States officially notified the other countries that the United States would withdraw from the TPP on January 23, 2017 after President Donald Trump signed to abandon the trade deal in order to protect American business and the American worker. I believe the TPP

People who oppose it argue that TPP would not provide better jobs. They argue that TPP would result in a loss of jobs, limit salaries, and increase inequality in the the corporate chain. People assumed that TPP would be similar to the NAFTA. NAFTA has reportedly contributed to 700,000 of US job loss. Nearly 60,000 jobs were loss in the the US-Korea FTA. People who oppose TPP fear the it would result in even great job loss than previous free trade agreements. The second reason for TPP opposition is the unethical practices of member countries of TPP. For example, the Vietnamese government has refused to grant workers the freedom to form unions. The formation of unions is a key part of US history and many opposed TPP due to the values of other countries. Groups that opposed TPP were against the abuse of child labor in the member countries of TPP. Countries like Mexico, Chile, Vietnam, and Malaysia all use child labor and do not have laws in place to protect the children workers. People believe that US workers shouldn’t be associated with countries that violate basic worker rights. Another reason to oppose TPP is the possibility of developing countries to suffer from international trade deals. Honduras has seen economic downturn, while having increase in violence due to the CAFTA-DR. The majority of workers who opposed TPP argued that the deal helps corporation, but hinders the

The TPP improves the value and efficiency of the US economy. It adds $77 billion annually to income and creates 650,000 jobs (“Economic”). Domestic jobs become more productive since increased foreign competition shifts resources towards more efficient producers. Removal of US tariffs decreases import costs, increasing the value of current labor income. Removal of 18,000 tariffs by signatories increases the value of US exports by $123.5 billion annually by 2025, equalizing trade since the US has already removed 80% of similar tariffs on foreign imports (“Economic”). Removal of non-tariff barriers to trade such as discriminatory standards will also help open markets (Ferguson, McMinimy, and Williams 2).

The Trans-Pacific Partnership (TPP) is an economic free trade agreement currently being negotiated between New Zealand and 11 other Pacific Rim nations (Wyber & Perry, 2013). It seeks to reduce trade restrictions including tariffs, create shared guidelines for intellectual property rights, sanction codes for environmental and labour regulations, and create an investor-state dispute settlement (ISDS) system (Fergusson, McMinimy & Williams, 2015). The implications of the TPP are immense, encompassing nearly 40% of global gross domestic product (GDP), with the potential to affect various aspects of a nations’ domestic policy environment (Wyber & Perry, 2013). On-going formal mediations have taken place since 2008; however public interest in the ramifications of the agreement has increased as negotiations have proceeded (Wyber & Perry, 2013). This is likely a result of its growing media coverage, which has raised public awareness to the issue. The private nature of TPP negotiations has evoked widespread controversy and debate throughout the media (Jairath, Johnstone & Moore, 2015). While confidentiality amid trade agreements is common, some consider that the TPP has been concealed in specific secrecy, giving more influential power to industries involved (Wyber & Perry, 2013).

As mentioned earlier, the TPP is a major potential free trade agreement between twelve of the Pacific Rim countries. The countries are Australia, Canada, Japan, Malaysia, Mexico, Peru, The United States, Vietnam, Brunei, Chile, New Zealand, and Singapore (Freil, Sharon, Gleeson, Thow, Labonte, Stuckler, Kay, and Snowdon 1). Interestingly enough, this agreement is the technical successor to the P4 agreement that was initialised in 2006 (Elms 29). This agreement was held between Chile, Brunei, New Zealand, and Singapore. In 2008 the U.S. showed large interest in joining this agreement giving spark to a new agreement that has enticed other Pacific Rim countries (Elms 29). Taking charge of this new agreement the U.S. has laid down most of the TPP 's foundation to create an agreement that should allow for a