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Global Game Changers: TPP and TTIP

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Two major global trade agreements, the Trans-Pacific Partnership (TPP) and the Transatlantic Trade Investment Partnership (TTIP) will positively impact the way American businesses, even small ones, interact with Europe and Asia.

Tomas Hult, professor at Michigan State University and Byington Endowed Chair in international business in the Eli Broad College of Business, says this:

"Any agreement that the U.S. enters into will have consequences for these smaller firms," Hult said. "In fact, the TPP agreement has established a specific section … that deals with the advantages and operating issues for small businesses. This is a first for a U.S. trade agreement."

Find out just how these trade agreements might impact you and other American businesses.

Read more:  Global Trade Agreement Set to Impact U.S. Entrepreneurs

Related article:  5 Benefits to the Trans-Pacific Partnership Agreement