The TPP Agreement Will Face Stringent Review Requirements, Restrict The Depreciation Of Domestic Currencies To Gain Trade Advantage.
U.S.A
Congress will vote on the p Pacific Partnership Agreement (TPP) in early Ming (2016) and is expected to face strict scrutiny.
US trade representative Frohman (Michael Froman) said that the agreement will help to formulate trade rules in the Asia Pacific region, which will win a more equitable competition environment for American farmers, farmers and manufacturers. President Obama said that the agreement will enhance the rights and interests of the US workers and help the middle class families succeed.
But opponents say foreign exchange manipulation is good for America.
Exit
And it is concerned that the agreement may lead to a reduction in employment opportunities in the United States.
Senate majority leader Mcconnell (Mitch McConnell) said the agreement will face strict scrutiny in Congress and has raised serious concerns about some key issues.
The agreement will become an important topic in the US presidential election in 2016. The Republican candidates against the agreement include Donald Trump, former Arkansas governor Huckabee (Mike Huckabee), former Pennsylvania Senator Santo Le M (Rick Santorum), and another Democratic candidate, Senator Saunders, once again criticized.
At the end of September (2015), 160 members of the United States Congress sent a letter to President Barack Obama, calling for the TPP agreement to limit the acquisition of TPP currencies by means of devaluing their own currencies.
Trade
Advantages.
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