The TPP boosts exports and economic growth, creating more jobs and prosperity for the 12

countries involved. It increases exports by $305 billion per year by 2025. U.S. exports would
increase by $123.5 billion, focusing on machinery, especially electrical, autos, plastics and
agriculture industries.
It does this by removing 18,000 tariffs placed on U.S. exports to the other countries. The
United States has already removed 80% of these tariffs on foreign imports. The TPP evens the
playing field.
The agreement adds $223 billion a year to incomes of workers in all the countries, with $77
billion of that going to U.S. workers. (Source: US Trade Representative, TPP Fact Sheet)
All countries agreed to cut down on wildlife trafficking, especially elephants, rhinoceroses,
and marine species. It prevents environmental abuses, such as unsustainable logging and
fishing. Those that don't will face trade penalties

The benefits of removing significant tariff and non-tariff barriers that restrict global trade and
investment of goods and services supporters of TPP argue are significant. There are several
reasons to support the TPP despite globalization concerns.

First, the TPP which seeks to govern exchange of not only traditional goods and
services, but also intellectual property and foreign investment would promote trade
in knowledge-intensive services in which companies exert a strong comparative
advantage.

Second, it is argued that killing the TPP would do little to bring factory work back to
America or other countries involved and the potential gains of the TPP for the
partners are significant.

Third, some have argued that although China is not part of the TPP, enacting the
agreement would raise regulatory rules and standards for several of Chinas key
trading partners. That would pressure China to meet some of those standards and cease
its attempts to game global trade to impede foreign multinational companies.

The Obama Administration is pursuing TPP to unlock opportunities for American

manufacturers, workers, service providers, farmers, and ranchers to support job creation and
wage growth. We are working hard to ensure that TPP will be a comprehensive deal,

providing new and meaningful market access for goods and services; strong and enforceable
labor standards and environmental commitments; groundbreaking new rules designed to
ensure fair competition between state-owned enterprises (SOEs) and private companies;
commitments that will improve the transparency and consistency of the regulatory
environment to make it easier for small- and medium-sized businesses to operate across the
region; a robust intellectual property (IP) rights framework to promote innovation, while
supporting access to innovative and generic medicines and an open Internet; and obligations
that will promote a thriving digital economy, including new rules to ensure the free flow of
data.
Americas trade policy may seem remote and technical, but it has a significant impact on the
strength of our economy and the lives of millions of Americans. If the businesses you buy
from everyday also sell their products to customers abroad, they are more likely to expand
and support jobs here at home.
Why is that? Ninety-five percent of the worlds consumers live outside our borders. Our
Made-in-America products and services are in demand, making American exports a vital
pillar of our 21st century economy. In fact, exports played an indispensable role in Americas
resurgence from the Great Recession.So, when the rules are fair, Americans can out-compete
anyone in the world.
Last year, we broke the record in American exports for the fifth year in a row, selling $2.34
trillion in goods and services abroad. And heres why thats important: The more we sell
abroad, the more higher-paying jobs we support here at home.
And those jobs tend to pay Americans better, meaning companies that export pay up to 18%
more than companies that dont.
But right now, our current trade policy the status quo puts our workers and businesses at
a disadvantage, with higher costs for American goods, more barriers to trade, and lower
standards for workers and the environment abroad than we have at home.
That is why President Obama has concluded negotiating the Trans-Pacific Partnership and
will now work with Congress to secure its passage into law. The TPP is a trade agreement
with 11 other countries in the Asia-Pacific, including Canada and Mexico that will eliminate
over 18,000 taxes various countries put on Made-in-America products.

With the TPP, we can rewrite the rules of trade to benefit Americas middle class.
Because if we dont, competitors who dont share our values, like China, will step in to
fill that void.
That is why the Presidents trade policy is the best tool we have to ensure that our workers,
our businesses, and our values are shaping globalization and the 21st century economy, rather
than getting left behind.