@ossobuco,
TPP is one of the two free trade treaties that are about to pass.
One of the free trade treaties will surround China with countries that have close trade ties to the US (expect all those factory jobs that departed to Mexico to now depart further to Vietnam).
The other free trade treaty will eradicate European trade unions and ship all those European jobs over to the US.
It is likely that in the future we will be buying all of our goods from Asia and selling all of our goods to Europe.
NWO means New World Order. It is some sort of conspiracy nonsense that I am not very familiar with.