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(22-11-2016 19:35 )babelover48 Wrote: [ -> ]Trump can have him as long as he (Trump) refuses Piers Morgan's visa back to Britain for the next 25 years!!

Quote:The member states are the US, Japan, Malaysia, Vietnam, Singapore, Brunei, Australia, New Zealand, Canada, Mexico, Chile and Peru.
The pact aims to deepen economic ties between these nations, slashing tariffs and fostering trade to boost growth.
Members had also hoped to foster a closer relationship on economic policies and regulation.
The agreement was designed to potentially create a new single market, something like that of the EU.

The 12 countries have a collective population of about 800 million - almost double that of the European Union's single market. The 12-nation would-be bloc is already responsible for 40% of world trade.
The deal was seen as a remarkable achievement given the very different approaches and standards within the member countries, including environmental protection, workers' rights and regulatory coherence - not to mention the special protections that some countries have for certain industries.
And that's why the prospect of the US pulling out is being seen as such a blow for those who signed up.

Most goods and services traded between the countries are named in the TPP, but not all tariffs - which are taxes on imports - were going to be removed and some would take longer than others. In all, some 18,000 tariffs are affected.
For example, the signatories said they would either eliminate or reduce tariffs and other restrictive policies from agricultural products and industrial goods.
Under the agreement, tariffs on US manufactured goods and almost all US farm products would go almost immediately.
On textiles and clothing, they would be removing all tariffs, but while the US Trade Representative said most would be removed immediately after the deal is ratified, "tariffs on some sensitive products will be eliminated over longer timeframes as agreed by the TPP Parties".
They had agreed that free trade in services would be quite a good thing, and in some areas, they were going to liberalise trade.

It began with the P4 trade agreement between just four nations - Brunei, Chile, New Zealand and Singapore - that came into effect in 2006.
That deal removed tariffs on most goods traded between the countries, promised to cut more and also to co-operate on wider issues such as employment practices, intellectual property and competition policies.

Plenty of people will be happy if the TPP never sees the light of day.
Critics argued it was a not-so-secret gambit to keep China at bay - it is not part of the TPP. For its part, China gave the TPP a cautious welcome but could be the big winner of the TPP failing.
Others said it would pave the way for companies to sue governments that change policy on, say, health and education to favour state-provided services.
The TPP was also seen as intensifying competition between countries' labour forces.
But the biggest criticism has been of what the campaigners allege were secretive negotiations, in which governments were said to be seeking to bring in sweeping changes without voters' knowledge.
Defenders say the reason the negotiations were not made public was because there was no formal agreement on them.