ELI5: Explain Like I'm 5

Trans-Pacific Partnership

The Trans-Pacific Partnership (TPP) is a deal between some countries that are around the Pacific Ocean. This deal sets rules for how countries should trade with each other, like making sure that everyone pays the same price for things traded between countries. The deal will help countries to work together and make it easier for people to buy and sell products from other countries without any extra taxes. It will also make it easier for companies to do business between countries, which could create jobs.