7. Simulation results show that, with
china’s accession compared to the
scenario of china not joining, china
will lose 2.2 percent of GDP.
- One Of China’s Top Economists, Ma’s Jun
8. GLOBAL ECONOMY
However, with the ttp
including 40% of the
global economy
(approximately $27.7
trillion), it’s not really
something a country
would want to be
excluded from.
9. It will rather
drastically
improve and
enhance
trading for the
united states,
which is the biggest
participating
member of
the new agreement.
THE BIGGEST
PROPONENT
OF THE NEW
TRADE AGREEMENT:
10. By 2030, U.S. Incomes
would see a boost of
approximately $137 billion,
and exports would see a
boost of $357 billion.
12. Rocky roads may be
ahead.
Some companies simply
aren’t able to adapt quickly
enough to handle the new
agreement.
Potential results
could include:
Job Loss.
Strengthening Of Other
Industries.
Creation Of Better Paying Jobs
Elsewhere.
Lowering Of The Costs Of Goods.
13. Finally, it is vital that
shippers are looking to find
meaningful solutions to
keep abreast of the
ever-changing
marketplace.
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