Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The TPP will decrease the fees the US charges to Chinese-made goods.


I read it as the US redirecting 40% of imports to TPP countries. Even if China produces the cheapest widgets, someone buying 100 widgets needs to buy 40 of them elsewhere.


Compared to the pre-TPP, NAFTA (US, Canada, Mexico) status quo, that's an increase from 0% to 60% in favor of China.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: