The TPP is a 12-nation (Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, New Zealand, Peru, Singapore, United States, and Vietnam) trade deal. Together, these countries represent 800 million people and generate nearly 40% of the world’s Gross Domestic Product (GDP).Con: From Conner Eldridge, Democratic candidate for U.S. Senate:
So why does the TPP matter to Arkansas - the Natural State’s export shipments of merchandise in 2013 totaled $7.2 billion. From 2011 to 2013, Arkansas exported $3 billion annually in goods to all TPP markets. During that time period, almost half of the state’s total goods exported went to the TPP region.
Eldridge said he is concerned about the trade deal’s impact on working people in Arkansas, farmers and the state's economy. Eldridge made the announcement from Fort Smith, a community that has been hit hard because of jobs being shipped to other countries, particularly manufacturing jobs.
“I support trade that is fair to all Arkansans, which is why I oppose the Trans Pacific Partnership in its current form. The Trans Pacific Partnership fails to address currency manipulation by other countries, it stands to raise the price of prescription drugs on our seniors, and I have serious concerns about its impact on working families and Arkansas farmers, particularly our state’s rice farmers."