Also, we really need a Powerpoint summarizing all the issues, both for and against, from all perspectives, with TPP. It's such a huge agreement, and taking only some aspects into consideration, such as IP rights, shouldn't invalidate other aspects of it. It should be considered as a whole.
If you look at the garment industry, it would be a boon for brands and a bust for small manufacturers. Being able to go yarn forward into Vietnam would have a massive labor savings over the US and Mexico.
As an example, there are a LOT of pants made south of the border now (US factory that were moved or new ones opened). The TPP in recognition of what a bad deal it is on this front, leaves in some protective tariffs for 10 years to allow folks who JUST moved or JUST started, time to recoup costs before moving again.
It cements the US's position as the hegemony for all things trade and trade practices.
I think you mean China. :)
there is absolutely no way you can say it is better for one side or another.