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Tax News Nov 2015 - "New Trade Pact Could Impact Your Business"

Tax News Nov 2015 - "New Trade Pact Could Impact Your Business"

Tax News Nov 2015 - "New Trade Pact Could Impact Your Business"

Excerpt


New Trade Pact Could Impact Your Business



More than five years of contentious negotiations have come to an end, and the Trans-Pacific Partnership is now complete. The TPP is the largest trade deal in more than two decades. It joins 12 countries, including the United States, in easing tariffs, creating agreed-upon minimal standards for both worker and environmental protections, and establishing intellectual property protections. Proponents believe the agreement will help increase American-made exports, thereby growing the U.S. economy, providing well-paying jobs, and strengthening the middle class.


 


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