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What does the Trans-Pacific Partnership mean for your supply chain?

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E.B. White, the late author of beloved children’s stories like Charlotte’s Web and Stuart Little, once wrote, “There is nothing more likely to start disagreement among people or countries than an agreement.”

Never would he have guessed how true his words would be decades later as 12 countries around the world attempt to come to an agreement surrounding the terms of the Trans-Pacific Partnership (TPP).

Shrouded in secrecy, the TPP has faced global political and public criticism from the very beginning. Negotiations—from dairy to automotive-parts sourcing—have been ongoing since 2008, with the most recent meeting in late July 2015. And there’s no end in sight, leading to much speculation as to what a ratified agreement might mean for the global supply chain, among other things.

To help keep you up-to-date, we’ve collected a handful of articles from various publications, as well as blog posts from thought leaders in the supply chain space, on the possible effects (both good and bad) that the TPP might have on global supply chains—if global leaders manage to come to an agreement.

A Trans-Pacific Partnership Agreement Implies Impacts to Some Industry Global Sourcing StrategiesBob Ferrari, Supply Chain Matters
What it’s about: In this post, Bob Ferrari, founder and executive editor of the Supply Chain Matters blog, provides a comprehensive summary of the TPP and the challenges it faces.

Obama Is Right on the Trans-Pacific PartnershipKevin O’Marah, Forbes
What it’s about: Kevin O’Marah, Chief Content Officer at SCM World, penned this article to share reasons why he believes the TPP agreement would be good for the global supply chain.

Why Milk Is Threatening the Trans-Pacific PartnershipMary Angela Cortes, Elementum News
What it’s about: This blog post uses debate surrounding the dairy trade to provide a brief glimpse into the intricacies surrounding TPP negotiations.

Auto-Parts Dispute Taps the Brakes on Pacific Trade DealThe Wall Street Journal*
What it’s about: This article provides overview of the struggle between Japanese automakers and the Mexican auto industry over which cars should be eligible for duty-free trade, and what the TPP might mean for the global auto-parts supply chain.

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What are your thoughts on the Trans-Pacific Partnership? Share with us in the comments!

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