Had Donald Trump singed the TPP agreement the economic effects in the U.S, almost 75 percent of goods tariffs would be cut out after TPP comes into force, with 99 percent eliminated over 30 years. In addition TPP’s impact on non-tariff and FDI barriers, such as regulations and trade quotas, that particularly impede services trade. Cutting out these tariffs would really benefit the U.S there was speculation that by 2025 it could raise the national income by 77 billion a year, and could also boost exports by 124 billion a year. A different study found things to be a little different, they found that the TPP would result in a .5 percent decrease in GDP by 2025, along with the fact that the U.S would loose up to 450,000 jobs. Clearly there are positive and negative outlooks on the U.S in terms of ever entering the TPP I am for free trade so i do hope that they eventually join.
https://www.wsj.com/articles/study-projects-tpp-will-provide-modest-gains-for-u-s-economy
https://www.americanactionforum.org/insight/what-is-the-real-economic-impact-of-tpp/
It's frustrating to see that information from reliable sources can differ so much! I would err on the side of caution, personally. From the majority of articles I've read, I've heard that exiting the TPP will do much more harm than good, if not for business, then for jobs and quality of life for people around the world.
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