According to new research, TPP would cut import taxes paid by employers in all 50 states dramatically on products sourced from the so-called “new TPP” countries not covered by existing free trade agreements (i.e., Brunei, Japan, Malaysia, New Zealand, and Vietnam). How dramatically?
TPP could cut $17 billion in taxes paid by American employers in just the first five years. These benefits come in addition to opening new markets for exports and modernizing outdated rules.
Click on a state below to see how TPP would cut U.S. tariffs on imports into each state. These cuts would benefit companies, their workers, and their customers throughout the world – but only if Congress approves the agreement.