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The United States is currently negotiating the Trans-Pacific Partnership (TPP) Agreement with 11 other Asia-Pacific countries (Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam). TPP is a comprehensive agreement that will open markets, set high-standard trade rules, and address 21st-century issues in the global economy. By doing so, TPP will promote jobs and growth in the United States and across the Asia-Pacific region.
The Obama Administration is pursuing TPP to unlock opportunities for American manufacturers, workers, service providers, farmers, and ranchers. We are working hard to ensure that TPP will be a comprehensive deal, providing new and meaningful market access for goods and services; 2 strong and enforceable labor standards and environmental commitments; groundbreaking rules to ensure fair competition between State-owned enterprises and private companies; commitments that will improve transparency and make it easier for small- and medium-sized businesses to export; a robust intellectual property rights framework to promote innovation, while supporting access to innovative and generic medicines; and obligations that will promote an open Internet and a thriving digital economy.
The Obama Administration is guided in the negotiation’s objectives set out in the Bipartisan Trade Priorities and Accountability Act of 2015 and through continuous consultation with Congress, stakeholders, and the public.
The following pages describe the Administration’s goals for TPP, and presents in detail U.S. negotiating objectives. With TPP negotiations ongoing, many of the elements detailed below are not settled. There is still work to be done as we pursue President Obama’s vision of harnessing trade as a tool for increasing economic growth, supporting jobs, and building opportunity for Americans through a partnership that will benefit all TPP countries.
Please click the links below, or to the left, for chapter-by-chapter overviews of the United States negotiating objectives in the Trans Pacific Partnership. You may view the complete Detailed Summary of U.S. Objectives, here.
Here are a few of the ways the Trans-Pacific Partnership will unlock opportunity for you
The TPP will support Made-in-America exports
The TPP will make it easier to sell Made-in-America goods and services exports to some of the most dynamic and fastest growing markets in the world, and support homegrown jobs and economic growth.
The TPP will enforce fundamental labor rights
The TPP will level the playing field for American workers and businesses by building strong and enforceable labor standards.
The TPP will promote strong environmental protection
Environmental protection is a core American value. Through the TPP, the United States is negotiating for robust environment standards and commitments from member countries, and addressing some of the region’s most pressing environmental challenges.
The TPP will help American small businesses benefit from trade
American small businesses are the backbone of the U.S. economy, and have accounted for nearly two thirds of new private sector jobs in recent decades. The TPP will improve transparency and regulations to help U.S. companies engage in and benefit from increased trade in the Asia Pacific.
Unlocking Opportunity for America
The Trans-Pacific Partnership will grow trade with one of the world’s fastest growing regions, and share American values and commitment to improve labor practices and elevate environmental standards around the world.
The TPP will also have great benefits at home, for you and your community. Check out the TPP Benefits Map to learn how the Trans-Pacific Partnership will benefit your state and industry, and help Made-in-America businesses grow and support local jobs through trade with the Asia Pacific Region.