Peterson Institute Study Shows TPP Will Lead to $357 Billion Increase in Annual Imports

A new study published by the Peterson Institute projects that the TPP will lead to an increase of $357 billion in annual imports when its effects are fully felt in 2030. This increase in imports will be equal to 1.4 percent of projected GDP in that year.

You probably didn’t see this projection in the write-ups of the analysis in the Washington Post, NYT, or elsewhere. That is likely because the study’s authors chose not to highlight it. Instead, in their abstract they told readers that they p...