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Posted On: 01/01/2019 5:38:15 PM
Post# of 65629
American farmers brace for more pain as Pacific trade deal kicks in without the US!!!!!!!!!
A historic 11-country trade deal know as the Comprehensive and Progressive Agreement for Trans-Pacific Pacific was ratified by seven of its members on Sunday.
The agreement will slash tariffs among the 11 nations, making the goods of non-CPTPP members such as the United States less competitive in those markets.
American beef and wheat exports, in particular, are expected to suffer.
Nyshka Chandran | @nyshkachttps://www.cnbc.com/2018/12/31/cptpp-american-farmers-set-for-pain-as-pacific-trade-deal-kicks-in.html
A historic 11-country trade deal know as the Comprehensive and Progressive Agreement for Trans-Pacific Pacific was ratified by seven of its members on Sunday.
The agreement will slash tariffs among the 11 nations, making the goods of non-CPTPP members such as the United States less competitive in those markets.
American beef and wheat exports, in particular, are expected to suffer.
Nyshka Chandran | @nyshkachttps://www.cnbc.com/2018/12/31/cptpp-american-farmers-set-for-pain-as-pacific-trade-deal-kicks-in.html
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