The benefits of TPP and the significant impact it can have on American lives and trade cannot be understated, nor can the often-overlooked provisions that will help small retail businesses grow. https://nrf.com/advocacy/policy-agenda/global-trade

1. WHY THE TRANS-PACIFIC
PARTNERSHIP MATTERS TO
SMALL BUSINESSES

2. nrf.com/trade
TRANS-PACIFIC PARTNERSHIP
The Trans-Pacific Partnership is an agreement among 12 countries
(Australia, Canada, Japan, Malaysia, Mexico, Peru, the United States,
Vietnam, Chile, Brunei, Singapore and New Zealand) to make it
easier to trade goods and services with each other. The agreement,
as negotiated, brings a lot of benefits to the U.S. economy, including
retailers. But it’s not just an agreement for large businesses. In fact,
TPP includes provisions that will strongly benefit small retail
businesses as well. Ultimately, employees and consumers will
benefit the most from the opportunities under TPP.

3. nrf.com/trade
1.OPENS UP E-COMMERCE
A commitment to allow data
to flow freely (subject to
security and privacy
protections) between
companies and consumers
regardless of where they are
located.

4. nrf.com/trade
2. OFFERS OPPORTUNITY TO LOWER
PRICES FOR CUSTOMERS
TPP will, over a period of
time, eliminate almost all
tariffs (hidden taxes) on
qualifying consumer goods
from participating countries.

5. nrf.com/trade
3. REDUCES RED TAPE AND BARRIERS
Electronic customs forms,
authentication and signatures
for commercial transactions
and agreements will mean less
red tape – and less cost – for
small retailers taking
advantage of global trade.

6. nrf.com/trade
4. TARGETED ASSISTANCE FOR SMALL
AND MEDIUM-SIZED BUSINESSES
Participating countries will
launch dedicated websites and
form a Small and
Medium-Sized Enterprises
Committee specifically
designed to help small and
medium-sized businesses take
advantage of global trade.

7. 5. ENSURES RIGOROUS SAFETY AND
ENVIRONMENTAL STANDARDS
nrf.com/trade
All participating countries are required to adopt safe and humane
labor practices (e.g. no child or forced labor, guaranteed ability of
workers to collectively bargain), to protect endangered species
and the environment, and to adopt food safety standards more in
line with standard.

8. nrf.com/trade
Learn more about trade and its impact
on the retail industry: