Podcast 10-6-15: Trade Agreement Reached

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An announcement was made on Monday morning that an agreement has been reached on the Trans-Pacific Partnership deal.  The 12-country trade agreement covers 40 per cent of the global economy and could reshape industries as well as influence everything from the price of cheese to the cost of cancer treatments. Japan’s prime minister said a dozen nations had reached “broad agreement” on the TPP, which aims to service the world’s largest free-trade zone. “It is a major outcome not just for Japan but also for the future of the Asia-Pacific,” Shinzo Abe told reporters. President Barack Obama said the agreement “leveled the playing field” for farmers and manufacturers “by eliminating more than 18,000 taxes that various countries put on our products.”

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