Trans-Pacific Partnership gains approval, faces test in Congress

The Trans-Pacific Partnership agreed to Monday by a dozen Pacific Rim nations is the largest trade deal in history, encompassing countries that make up about 40 percent of the global economy.

The deal would reduce tariffs and other protectionism between the U.S., Japan and 10 other countries with a combined economic output of almost $30 trillion.

The partnership would provide a significant boost to trade and transportation along West Coast of the U.S., but it would also be felt in other parts of the country.

However, before the trade pact becomes official, Congress has 90 days to oppose it, and it’s unclear whether lawmakers will support the accord.

Read more from the Kansas City Star and Bloomberg


Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students

Learn more