The TPP (Trans-Pacific Partnership) is dead! Done. Obviously we are not stopping trade with the rest of the world but trade agreements must be negotiated with the interests of the American people in mind, not corporations who are not people. Everyone should have opposed this agreement liberal or conservative if for no other reason because of a part of the agreement called ISDS (investor-state dispute settlement). Under this process foreign corporations could drag the US government to a tribunal of arbitrators suing for compensation of estimated future profits not earned because of American laws, environmental laws, labor laws, etc. This is a direct assault on American sovereignty.
Representative Rosa DeLauro (D-Conn.), who led the fight in Congress against the TPP, and other Democratic Members of Congress held a news conference, stressing that the defeat of TPP marked “the end of an era for trade agreements that are drafted hidden from the public view.”
"Together, a strong coalition of Members of Congress and labor, environmental, faith, and human rights organizations and activists worked diligently to stop this agreement. The TPP meant more power for corporations and fewer good jobs and lower wages for American workers."
The agreement was in trouble before Trump's election but his winning the presidency finished it off. Trump in, world citizen Obama out. About time we had someone thinking about the American people on this issue.
http://inthesetimes.com/article/18695/TPP_Free-Trade_Globalization_Obama
Representative Rosa DeLauro (D-Conn.), who led the fight in Congress against the TPP, and other Democratic Members of Congress held a news conference, stressing that the defeat of TPP marked “the end of an era for trade agreements that are drafted hidden from the public view.”
"Together, a strong coalition of Members of Congress and labor, environmental, faith, and human rights organizations and activists worked diligently to stop this agreement. The TPP meant more power for corporations and fewer good jobs and lower wages for American workers."
The agreement was in trouble before Trump's election but his winning the presidency finished it off. Trump in, world citizen Obama out. About time we had someone thinking about the American people on this issue.
http://inthesetimes.com/article/18695/TPP_Free-Trade_Globalization_Obama
