Trans-Pacific Partnership
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The Trans-Pacific Partnership will reduce the cost of exporting, increase competitiveness of U.S. firms, and promote fairness. It also reflects our values on issues including labor, the environment, and human rights. TPP delivers for middle-class families, supports jobs, and furthers our national security.
The agreement will eliminate tariffs, lower service barriers, and increase transparency while also increasing competitiveness by instituting stronger intellectual property rights protection and establishing enforceable labor and environmental obligations.
The TPP will promote fairness by ensuring non-discriminatory treatment of U.S. goods and services; establishing rules for fair competition with State-owned enterprises; and providing the same rights and protections for U.S. investors that foreign investors currently enjoy in the United States while protecting the inherent right of governments to regulate.
Through this agreement, the United States is seeking to support the creation and retention of high-quality jobs at home by increasing American exports to a region that includes some of the world's most robust economies.
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