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There is no question, in any trade deal, there will come the good and bad aspects. Instead of initiating a shouting match between who is right and wrong, the best answer lies in figuring out if the good outweighs the bad, or vice versa. In this case, I will be arguing for the TPP, and how its positives outweighs its negatives.
One initiative of the TPP is to promote relations between countries involved. By fostering a mutually beneficial deal between the US and countries involved, ties will be strengthened, peace will be promoted. The deal includes former 'rival' countries such Japan and Vietnam, and the opportunity to strengthen the relation between these countries can not be ignored. Although I am not saying world peace would be created, a trade deal that would help both countries would create a more peaceful understanding between the two.
Countries involved in the TPP have high tariffs set in place on US goods, and these tariffs make US goods less affordable in these markets. It is the same on both sides of the spectrum, with the US setting tariffs on imports. If the TPP were initiated, these tariffs would be nonexistent, which would then boost consumer rates of the products.
More of this, and less of high-set tariffs, will boost the flow of money and increase the imports and exports of goods and services between involved countries.
--eac
I am probably a good person but I haven't taken the time to fill out my profile, so you'll never know! |