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Colombia Fears U.S. May Reject Peace Plan To Protect Pharma Profits

The Huffington Post | Zach Carter | Posted 05.17.2016 | Politics

WASHINGTON -- The Colombian Embassy is concerned that lowering the price of a major cancer drug may jeopardize American funding for peace talks in the...

Clinton Has Gone Beyond Simply Opposing the TPP

Dave Johnson | Posted 05.10.2016 | Business
Dave Johnson

Going into the West Virginia primary, former Secretary of State Hillary Clinton has come out in opposition to a "lame duck" vote on the Trans-Pacific Partnership (TPP). This takes her beyond her previous statements mildly opposing TPP.

'When I Was a Young Boy Growing up in Brooklyn...'

Mark Weisbrot | Posted 05.10.2016 | Politics
Mark Weisbrot

One of the great accomplishments of Bernie Sanders' campaign has been getting his opponent, Hillary Clinton, to adopt his positions on so many important issues.

Failure of Korean Trade Deal Voids TPP

Leo W. Gerard | Posted 05.09.2016 | Business
Leo W. Gerard

Just like NAFTA, just like China's entry into the World Trade Organization (WTO), free traders swore that the Korean deal would shower jobs and economic prosperity down on America. It didn't happen. Actually, the exact opposite did.

Sentiment on Trade Policy Is Shifting: TPP Is Bad Policy, After All

Stan Sorscher | Posted 05.06.2016 | Politics
Stan Sorscher

This year's political campaign has forced the economics profession to reconsider the fraying orthodoxy of free trade.

New Data Show U.S. Trade Deficit Doubled, More Jobs Lost Under Obama Trade Deal That Was Template for the TPP

Lori Wallach | Posted 05.04.2016 | Politics
Lori Wallach

The policy and political bottom line of today's grim trade data: Americans' election-year trade revolt is spot on and we need a new American trade policy. If any more evidence was needed, the actual outcomes of the pact that served as the TPP's blueprint makes the case in a depressingly stark way.

Globalization for the 99%

The Alternative Banking Group of OWS | Posted 05.03.2016 | World
The Alternative Banking Group of OWS

As the hard fight over the Trans Pacific Partnership ("TPP") proceeds, it is important not to confuse the foulness of the TPP's proposed rules with th...

Another Secret 'Trade' Deal Leaks, Shows Corporations Still Control Trade Process

Dave Johnson | Posted 05.03.2016 | Business
Dave Johnson

The TPP negotiations took place in a secret process dominated by the giant multinational corporations, and the final agreement is waiting to be approved or rejected by Congress - probably during the "lame duck" session, because that is when members are least likely to be held accountable for their votes.

Are Fair Trade Policies 'Extreme?' Is Clinton Ready for Trump On Trade?

Dave Johnson | Posted 04.28.2016 | Business
Dave Johnson

This election will be at least partly, if not mostly, about trade. The consequences of decades of moving jobs out of the country are coming home to roost. People are fed up. This means Clinton needs to toughen up her trade policies -- and mean it.

For Clinton To Beat Trump, She Must Toughen Up on Trade

Dave Johnson | Posted 04.22.2016 | Business
Dave Johnson

Trade and jobs are at the center of Trump's appeal. He rightly says China is killing us on trade and wrongly says that immigrants are taking people's jobs, but people believe it and people listen.

More Confessions of an Economic Hitman: This Time They're Coming for Your Democracy

Sarah van Gelder | Posted 04.23.2016 | World
Sarah van Gelder

Perkins was recruited, he says, by the National Security Agency (NSA), but he worked for a private consulting company. His job as an undertrained, overpaid economist was to generate reports that justified lucrative contracts for U.S. corporations, while plunging vulnerable nations into debt.

Panama, Trade Agreement Promises & The TPP

Lori Wallach | Posted 04.19.2016 | Politics
Lori Wallach

With the presidential primary spotlighting a bipartisan trade revolt, defenders of our status quo trade policies are on the defensive. Their latest claim: the Panama Papers leak shows that the U.S. free trade agreement (FTA) with Panama fixed that nation's infamous tax haven conduct. An actual review of the data, however, shows that the FTA seems to have incentivized more tax haven activity in Panama, not less.

Panama Papers Offer More Evidence That Free Trade Isn't Really Free

Michael Winship | Posted 04.14.2016 | Politics
Michael Winship

The Presidents Obama and Clinton were out on the links in honor of Vernon Jordan's 80th birthday. They could just as easily have been celebrating the ways in which the three of them have helped give America a trade policy that has devastated the working class but made the rich much more wealthy.

The Peru Trade Deal Turns 10: The Consequences of Irresponsible Trade Past, Present, and Future

Ilana Solomon | Posted 04.12.2016 | Green
Ilana Solomon

April 12th marks the 10-year anniversary of the signing of a trade pact between the U.S. and Peru. This agreement was the first, and only, U.S. trade agreement that the Sierra Club did not oppose, as it was the first-ever to have a legally binding environment chapter.

Clinton Should Ask Obama to Withdraw the TPP

Dave Johnson | Posted 04.11.2016 | Business
Dave Johnson

Hillary Clinton has a credibility problem when it comes to our country's trade policies and the resulting enormous, humongous trade deficits that measure job loss -- especially with regard to the Trans-Pacific Partnership.

Pro-TPP Op-Eds Remarkably Similar To Drafts By Foreign Government Lobbyists

The Intercept | Adam Goldberg | Posted 04.10.2016 | Politics

OPINION COLUMNS PUBLISHED in California newspapers over the last year in support of the Trans-Pacific Partnership use language nearly identical to dra...

The Left and the Right Should Unite for Trade

Thomas Lahey | Posted 04.08.2016 | Politics
Thomas Lahey

For the first time in a long time, both major party nominees for the U.S. Presidential election are opposed to free trade deals. Both Hillary Clinton ...

A Trade Deal for the 21st Century: An Alternative to the TPP

Dean Baker | Posted 04.04.2016 | Business
Dean Baker

There can be large benefits to countries from trading, and there is no doubt that the United States is enormously richer as a result of international trade. But that hardly means that everyone was benefitted by the patterns of trade over the last three decades, nor is it a reason to support the TPP.

We've Had Enough With Failed Trade Policies

Mark Ruffalo | Posted 04.01.2016 | Politics
Mark Ruffalo

Pacts like the recently-signed Trans-Pacific Partnership (TPP), currently sidelined without sufficient congressional support for passage, contain thousands of pages of enforceable rules that would fuel climate chaos and empower corporate polluters to challenge environmental laws across the globe.

TPP Is Not Good for Colorado: A Thoughtful Reconsideration

Bob Seay | Posted 04.01.2016 | Denver
Bob Seay

The short answer is that after much research and thought, I have realized that I cannot support the TPP as it is currently written. In many ways, I find myself in the same position as Hillary Clinton: I was optimistic about this highly anticipated trade agreement, but was disappointed and cannot support the final result.

House Conservatives Are Trying To Kill The Lame-Duck Session

The Huffington Post | Matt Fuller | Posted 03.30.2016 | Politics

WASHINGTON -- The House Freedom Caucus has already changed the direction of Congress this year, derailing -- at least temporarily -- a House GOP budge...

Think Trump's 45 Percent Tariffs Are Bad? Try Obama's 10,000 Percent Tariffs

Dean Baker | Posted 03.29.2016 | Business
Dean Baker

While Trump wants to put large tariffs on imports from some of our major trading partners, President Obama is actively pushing to have far larger tariffs imposed on a wide range of goods in his trade deals, most importantly the Trans-Pacific Partnership.

TPP: The New Gold Standard for Intellectual Property Protection in Trade Agreements?

East-West Center | Posted 03.24.2016 | Business
East-West Center

The Trans-Pacific Partnership, or TPP, with its emphasis on dismantling behind-the-border trade restrictions and on fostering regulatory coherence, is often referred to as the new "gold standard" for preferential trade agreements.

The Choice Is Not Between TPP or No Trade

Lori Wallach | Posted 03.24.2016 | Politics
Lori Wallach

We desperately need a new American trade policy. To achieve that, first, we must do no further harm. We must not enact any more-of-the-same, job-killing, race-to-the-bottom agreements.

Want to Keep Fossil Fuels in the Ground? Stop These Trade Deals

Ben Beachy | Posted 03.23.2016 | Green
Ben Beachy

Did you know that two looming trade deals, if passed by Congress, would newly empower 45 of the world's 50 largest corporate climate polluters to "sue" governments in private tribunals over policies that keep fossil fuels in the ground?