Full Text of Trans-Pacific Partnership Released (Officially, This Time) (mfat.govt.nz)

Posted by timothy on Thursday November 5, 2015 @02:35AM from the upsides-and-downsides dept.

EmagGeek writes: The full text of the Trans-Pacific Partnership, or TPP, has been officially released, and is available for the public to see. According to CNN, The TPP is a 12-nation deal that touches on 40% of the global economy. The provisions of the deal would knock down tariffs and import quotas, making it cheaper to import and export, and open new Asia-Pacific markets. Negotiations have been going on for years, led by the United States and Japan — with China conspicuously absent from the list of signees.

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Re:Remember Trump and Sanders by Anonymous Coward · 2015-11-05 04:11 · Score: 0, Troll

Protectionism is how South Korea and several other Southeast Asian states even got out of economic backwater status. Protectionism keeps globalism from crushing the local workforce to dust under another country's lower standard of living. Protectionism keeps those industries alive at home rather than importing their products from abroad and leaving your country at the mercy of the "free market".