THE TRANS-PACIFIC PARTNERSHIP (TPP)
The Trans-Pacific Partnership (TPP) is a new, high-standard trade agreement that levels the playing field for American workers and American businesses, supporting more Made-in-America exports and higher-paying American jobs. By eliminating over 18,000 taxes—in the form of tariffs—that various countries put on Made-in-America products, TPP makes sure our farmers, ranchers, manufacturers, and small businesses can compete—and win—in some of the fastest-growing markets in the world. With more than 95 percent of the world’s consumers living outside our borders, TPP will significantly expand the export of Made-in-America goods and services and support American jobs.
- TPP Eliminates over 18,000 Different Taxes on Made-in-America Exports
- TPP Includes the Strongest Worker Protections of Any Trade Agreement in History
- TPP Includes the Strongest Environmental Protections of Any Trade Agreement in History
- TPP Helps Small Businesses Benefit from Global Trade
- TPP Promotes E-Commerce, Protects Digital Freedom, and Preserves an Open Internet
- TPP Levels the Playing Field for U.S. Workers by Disciplining State-Owned Enterprises (SOEs)
- TPP Prioritizes Good Governance and Fighting Corruption
- TPP Includes First Ever Development Chapter
- TPP Capitalizes on America’s Position as the World Leader in Services Exports
TPP will build upon the United States’ existing trade agreements with Australia, Canada, Chile, Mexico, Singapore, and Peru and will forge new opportunities to U.S. exports of goods and services to Brunei, Japan, Malaysia, New Zealand, and Vietnam.
Sector and State Opportunity Reports
For more information on the opportunities TPP will provide for all U.S. states and manufacturing sectors, visit Trade.gov/TPP.