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China (EAN) – It’s not often that the leaders of democracies like Switzerland and Spain gather with the heads of repressive regimes like North Korea and Uzbekistan, but it seems no one wants to miss China’s coming-out party for its “One…
When Congress meets for its lame-duck session after the elections, it should resist pressure to pass the Trans-Pacific Partnership.
Notwithstanding President Barack Obama’s best efforts to sell the Trans-Pacific Partnership (TPP) Agreement to Congress and the public on economic grounds, presidential and congressional candidates are shunning the TPP as a winning campaign issue. Even Senator Rob Portman, a former U.S. trade representative, doesn’t mention the TPP in his electoral “Jobs and Growth” agenda. The economic forecasting arguments for TPP are very weak—even according to the “heroic assumptions” of proponents, such as no change in the U.S. trade balance or net employment as a result of the TPP. So, what arguments do the TPP proponents have left?