TPP's big middle fuck all
Impacts of Eliminating Tariffs and Tomtits Within the TPP
in 2025
A hypothetical and stylized TPP scenario illuminates all remaining agricultural and -
tariffs and Es. This section discusses the TPP' s impacts on members' real GDP, agri-
cultural trade, and agricultural output.
Impacts on Real GDP
The differences in real GDP in 2025 with the TPP, compared with the baseline scenario, are in table
g. Griff and TIRX elimination in the TN scenario results in minimal impacts at the macroeconomic
level, with zero or small positive effects on members' real GDP. The largest macroeconomic impact
of the TPP, in percentage terms, takes place in Vietnam, where real GDP would be . 10 percent
hither in 2025 with the of the TPP than it would be under the baseline. Small gains
in real GDP will also accrue to Japan (om percent), and to New Edam, Malaysia, and Mexico (all
01 percent). The TPP is projected to have no measurable impacts on real GDP in any other TPP
member countries.
Impacts on Agricultural Trade Within the TPP
While the TPP is unlikely to have substantial effects, the TPP scenario has
important implications for agricultural trade among the member countries. In 2025, the value of
agricultural trade among TPP members is projected to be 6 percent [about . 5 billion in 2007 us.
Table
Percentage in that son in was in the hypothetical
TPP scenario {relative to baseline]
countries
Australia
Canada
Chile
Japan
New zealots! thtat
Singapore
United States
countries
Malaysia thtat
Mexico
Peru
countries
Wet hem the
Note: TPP refers to the F" . GDP refers to gross domestic prod List.
Hypothetical TPP scenario eliminates tariffs and THE between TPP members.
Source: USDA, Economic Research Service. TPP model.
Agriculture in the Trans - Partnership, ERR. I M
Ecinan' ' c Reseach
in 2025
A hypothetical and stylized TPP scenario illuminates all remaining agricultural and -
tariffs and Es. This section discusses the TPP' s impacts on members' real GDP, agri-
cultural trade, and agricultural output.
Impacts on Real GDP
The differences in real GDP in 2025 with the TPP, compared with the baseline scenario, are in table
g. Griff and TIRX elimination in the TN scenario results in minimal impacts at the macroeconomic
level, with zero or small positive effects on members' real GDP. The largest macroeconomic impact
of the TPP, in percentage terms, takes place in Vietnam, where real GDP would be . 10 percent
hither in 2025 with the of the TPP than it would be under the baseline. Small gains
in real GDP will also accrue to Japan (om percent), and to New Edam, Malaysia, and Mexico (all
01 percent). The TPP is projected to have no measurable impacts on real GDP in any other TPP
member countries.
Impacts on Agricultural Trade Within the TPP
While the TPP is unlikely to have substantial effects, the TPP scenario has
important implications for agricultural trade among the member countries. In 2025, the value of
agricultural trade among TPP members is projected to be 6 percent [about . 5 billion in 2007 us.
Table
Percentage in that son in was in the hypothetical
TPP scenario {relative to baseline]
countries
Australia
Canada
Chile
Japan
New zealots! thtat
Singapore
United States
countries
Malaysia thtat
Mexico
Peru
countries
Wet hem the
Note: TPP refers to the F" . GDP refers to gross domestic prod List.
Hypothetical TPP scenario eliminates tariffs and THE between TPP members.
Source: USDA, Economic Research Service. TPP model.
Agriculture in the Trans - Partnership, ERR. I M
Ecinan' ' c Reseach
...
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