General Discussion
In reply to the discussion: What most people don't understand about the TPP. [View all]Motown_Johnny
(22,308 posts)and why we should not be a part of it.
We have all heard that the TPP will include ~40% of the world's economy. What they don't tell you is that ~23% of that is America all by itself. So when we get into a deal like this we are opening up ~17% of the world's economy to American businesses.
When Canada enters into this same agreement it is getting access to ~38% of the world's economy for it's businesses, and it is among the larger countries in this agreement. Think about countries like Brunei or Malaysia. Their economies are small in comparison to our own, or even Canada's, so the percentage of the world's economy being opened up to their businesses is even larger.
The entire basis for all our trade agreements has been fundamentally flawed for several decades. Any company that buys in bulk expects a discount. Our country buys in bulk and we deserve an advantage in any trade agreement. It the other nations don't like it then they don't have to do business with us. This just helps keep manufacturing jobs at home where they belong anyways.