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If Congress were to approve the Trans-Pacific Partnership, it would help the economy, though not by all that much, the U.S. International Trade Commission said Wednesday.
By 2032, TPP would be increasing real GDP by nearly $43 billion annually, and supporting an additional 128,000 full time jobs.
"TPP would have positive effects, albeit small as a percentage of the overall size of the U.S. economy," the ITC concluded.
The biggest winner on a percentage basis would be agriculture and food, which would see a $10 billion boost, up 0.5 percent, by year 15 of the deal.
"It is very difficult for us to find new markets," American Farm Bureau Federation President Zippy Duvall said at a press conference. This trade pact "is good for America," he added.
The biggest loser would be manufacturing, natural resources and energy, which would be down by a collective $10 billion, or 0.1 percent, after 15 years, the ITC said.