Which Way, L.A.?
The Trans-Pacific Partnership and Its Impact on California
After almost eight years of negotiations, the US and 11 other nations have agreed on the Trans-Pacific Partnership, the biggest international trade deal in history. What will it mean for business in California? Why are organized labor and environmentalists so unhappy?
The Trans-Pacific Partnership is billed as the biggest thing of its kind in world history: an international deal with the US and 11 other countries that account for 40% of global business. If Congress finally approves, the Ports of LA and Long Beach will get a lot more action. Beyond that, it could be a mixed bag for Los Angeles and the rest of California. We hear what it could mean for Hollywood, LA's garment industry, agriculture and pharmaceuticals.
Photo: Cumulus Clouds