The Quick Download on the Trans Pacific Partnership
The Trans-Pacific Partnership (TPP) is a proposed regional trade agreement involving 12 Pacific Rim countries representing approximately 35% of global GDP. The agreement aims to increase trade by lowering tariffs and aligning regulatory standards. Opponents criticize some proposed intellectual property and international investment provisions, and the process where countries negotiate in secret. There is currently no evidence that TPP includes regulation of currency manipulation, which is why MSCI has taken a stance against it. See the infographic below for more on TPP and how it affects you.