On February 4, 2016, the United States signed the long-negotiated and quite disputed Trans-Pacific trade deal, also called the Trans-Pacific Partnership (TPP). Some key things to know about the deal are:
Proponents of the agreement, among them President Obama, say that it is good for American workers as it will boost the economy and will help expand the U.S. influence in the Asia-Pacific region.
However, the TPP has faced opposition by environmentalists and labor unions that argue the deal favors big business over workers and environmental protection. They say U.S. workers will be exposed to competition from abroad, which will cost jobs to the U.S. economy.
Tell us in the comments sections below what you think — is it a good or bad deal?
We can do more contrise and make new friends.
wow… So many trades. when will the trade market end?