Business NewsMarketWire • The U.S. Conference of Mayors Responds to Findings of the International Trade Commission's Report on the Trans Pacific Partnership Trade Agreement

The U.S. Conference of Mayors Responds to Findings of the International Trade Commission's Report on the Trans Pacific Partnership Trade Agreement

The U.S. Conference of Mayors Responds to Findings of the International Trade Commission's Report on the Trans Pacific Partnership Trade Agreement

WASHINGTON, DC--(Marketwired - May 19, 2016) - The U.S. Conference of Mayors (USCM) yesterday reasserted its support of the Trans Pacific Partnership (TPP) Trade Agreement on the heels of the release of the International Trade Commission's Report, which specifically outlines the projected impacts of the TPP on the American economy.According to the ITC report released yesterday, adoption of TPP would result in an annual increase in real income of $57.2 billion by 2032 over the report's baseline projections. Real GDP would be $47.3 billion higher and U.S. exports to TPP countries would increase by $57.3 billion annually by 2032.

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The U.S. Conference of Mayors Responds to Findings of the International Trade Commission's Report on the Trans Pacific Partnership Trade Agreement