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I hope this passes through the U.S. lawmakers; regardless of how American industry is affected, globalization is unavoidable. If it's bad for American industry, that says there needs to be changes to policies enabling American companies versus hampering foreign ones. Plus, reducing tariffs should benefit companies in the U.S. exporting, which has been on the rise. Edit: With all the news about exporting U.S. IP regulations, I'm much more skeptical of this deal. I still think there's a lot of benefits for US industry with this deal. Unfortunately, I don't think setting American IP regulations as the global standard is even close to acceptable.