(EFF) – The opening round of a series of negotiations over a proposed revised North American Free Trade Agreement (NAFTA) began this week in Washington, D.C. between trade representatives from the United States, Canada, and Mexico. Already it is clear that the office…
For all the horrible chapters and faults of the Trans Pacific Partnership (TPP), it seems President Obama was right about one thing – without the trade pact, southeast Asian countries are now looking to China for economic opportunity.
This past week at the Asia-Pacific Economic Cooperation (APEC) summit in Peru, Barrack Obama spent his time addressing the representatives assuring them that the United States and the southeast Asian countries would continue to find a way to cooperate economically. Yet despite Obama’s optimism, the real winner that seems to be emerging from the summit is China.
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?
Trans-Pacific and Transatlantic Trade Deals Would Empower World’s Largest Polluters
After trade took center stage in the first presidential debate earlier this week, the Sierra Club today released a new map that reveals the coast-to-coast environmental threats of two pending trade deals — the Trans-Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (TTIP) — showcasing for the first time what the Sierra Club calls #ToxicTrade.
Q&A Addresses Labor, Health and Online Expression