ITC Analysis Of TPP Shows Small Gains In GDP, Employment Over 30 Years

Updated: The Trans-Pacific Partnership would result in small gains in U.S. gross domestic product and a very slight uptick in employment over the 30-year implementation period of the deal, the U.S. International Trade Commission said in its analysis of TPP issued on May 18. The U.S. agriculture and food sectors would gain the most under TPP, though not across the board, according to the study, but output in the manufacturing, natural resources, and energy sector would contract by 2032 compared...