Despite a low public profile, the Trans Pacific Partnership (TPP) is poised to become the biggest free trade agreement since NAFTA. The massive trade deal, which the White House hopes to conclude by year’s end, would link the United States, Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore and Vietnam. Also poised to join the global pact are the mega-economies of Japan, Mexico and Canada.
While the U.S. Trade Representative has praised the TPP as “economic stimulus at no cost to the taxpayers” and a “high-standard, 21st century agreement,” others are far less enthusiastic.
