TPP Holds Potential for Retailers and American Families (2016)

TPP Holds Potential for Retailers and American Families (2016)

The Trade Partnership completed for the National Retail Federation a study that identifies key opportunities for retailers and U.S. consumers under the TPP. It notes that the TPP will affect retailers and their customers by getting rid of unnecessary and sometimes high costs of doing business with and in TPP countries, providing assurance that foreign suppliers produce goods that measure up to U.S. consumer protection, labor and environmental standards, and helping to grow the U.S. economy in general. The study also highlights key chapters of the TPP that will benefit retailers and their consumers. These include chapters dealing with import taxes (tariffs); trade facilitation; E-commerce; cross-border data flows; intellectual property rights protection; investment protection; food safety and labor and environment protection.

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