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Diane Publishing Books
Agriculture in the Trans-Pacific Partnership
Mary E. Burfisher (au)
The proposed Trans-Pacific Partnership (TPP) is a trade and investment agreement under negotiation by 12 countries in the Pacific Rim, including the U.S. This report assesses the potential impacts of eliminating all agricultural and nonagricultural tariffs and tariff-rate quotas (TRQs) under a TPP agreement on the regionäó»s agriculture in 2025 -- the assumed end date of the pactäó»s implementation -- compared with baseline values for 2025 without a TPP. The value of intraregional agricultural trade in 2025 under a tariff-free, TRQ-free scenario is estimated to be 6%, or about $8.5 billion, higher (in 2007 U.S. dollars) compared with baseline values. U.S. agricultural exports to the region will be 5%, or about $3 billion higher, and U.S. agricultural imports from the region in 2025 will be 2%, or $1 billion higher in valued compared with the baseline. Figures and tables. This is a print on demand report.
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