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Economics of TPP to benefit US most, report says

A new report by a think-tank on the potential economic benefits of the Trans Pacific Partnership says the U.S. stands to benefit the most of the countries involved. The Peterson Institute for International Economics published a report last week saying yearly exports will increase wages for U.S. workers, grow the economy, and increase exports by farmers and businesses. It estimates U.S. annual incomes will go up by $130 billion and annual exports by $357 Billion by 2030. The report says Japan, Malaysia and Vietnam will also experience substantial gains through the TPP and other members will get “solid benefits.”

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