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Trans Pacific Partnership Tpp

Why the TPP Is Too Flawed for a 'Yes' Vote in Congress

Jeffrey Sachs | Posted 11.11.2015 | World
Jeffrey Sachs

The Obama administration surely negotiated the TPP in good faith, and the accord would likely add to global and U.S. economic growth. This is not a pernicious accord, the fruits of a secret cabal as some have feared. Nor is globalization an evil to be fought tooth and nail. The sad truth, however, is that while the administration promised a 21st-century agreement, we have yet another late 20th-century agreement.

WATCH: Wall Street Reacts to TPP Agreement

Matthew Filipowicz | Posted 10.06.2015 | Comedy
Matthew Filipowicz

In a TMFS sketch, Wall Street responds to news that a deal has been made for the TPP, the Trans Pacific Partnership.

TPP Threatens Access to Affordable Medications for People Around the World

Ralph Neas | Posted 07.29.2015 | Politics
Ralph Neas

Rather than continuing the forward momentum toward greater access to affordable medications for all, the TPP threatens to take a significant step backward by including a number of provisions that solely benefit the brand name drug industry. As drafted, the TPP will result in hundreds of billions of dollars in unnecessary spending.

GOP Economics: Export American Jobs Rather Than American Products

Rep. John Conyers | Posted 07.29.2015 | Politics
Rep. John Conyers

While quite a bit has changed in the 81 years since Franklin Roosevelt launched the Export-Import Bank, one fact remains the same: America needs a coherent national economic strategy focused on raising wages and living standards.

What's Taking Over America

Andy Schmookler | Posted 07.27.2015 | Politics
Andy Schmookler

If America is to be ruled by whoever commands the most money, it will be the corporate system, far more than individual billionaires, that calls the shots.

Can Free Trade Agreements Be Consistent With Climate Change Mitigation?

Bob Brecha | Posted 06.25.2015 | Green
Bob Brecha

Protecting society against the worst impacts of climate change necessarily means making difficult decisions for the future.

Leaked Draft TPP, Foreign (But Only Foreign!) Corporate Veto (and Extortion) Power, and the Original Intent of Investor-State Dispute Settlement (ISDS)

Adam Sulkowski | Posted 06.25.2015 | Politics
Adam Sulkowski

Among other well-founded concerns about the process of negotiating the trade treaties, what they may include, and their impacts, is the fact that they are likely to include some form of Investor-State Dispute Settlement (ISDS) mechanism.

Sunday Roundup

Arianna Huffington | Posted 06.13.2015 | Politics
Arianna Huffington

This week, the nation waited in breathless anticipation for the expected announcement tomorrow that Jeb Bush is running for president. Bush, who seems more adept at raising money than votes (he hasn't gotten one since 2002, the year his brother called for "regime change" in Iraq), appears to be the Republican most capable of uniting the money wing of the party with the money wing of the party. If nothing else, Bush's extended run-up to actually running demonstrates how pointless and fake so much of campaign coverage is. And the "process journalism" doesn't stop after Election Day. On Friday, President Obama suffered a defeat on fast-track authority for the Trans-Pacific Partnership trade deal. But most of the coverage was over the political and procedural ins-and-outs rather than the effects of the bill itself. Too bad we can't contain the media's horse-race coverage to the exploits of American Pharoah.

That Giant Sucking Sound Is Bipartisanship

Lance Simmens | Posted 06.12.2015 | Politics
Lance Simmens

This is and should not be presented as a vote for or against the president. It is simply an enormously complex and complicated set of global trade policies that rightfully deserve careful discussion and thoughtful debate.

The Shoddy Track Record Of The TPP's ISDS Provision

Amy Kapczynski | Posted 06.11.2015 | Politics
Amy Kapczynski

A key aspect of the TPP will be the provision of "investor-state dispute settlement" (ISDS). The name sounds innocuous, but its content puts at risk core elements of the American legal system -- America's commitment to open courts and equal treatment.

10 Reasons The TPP Is Not A 'Progressive' Trade Agreement

Ralph Nader | Posted 06.08.2015 | Politics
Ralph Nader

History shows the very opposite of progress when it comes to these democratic sovereignty-shredding and job-exporting corporate-driven trade treaties -- unless progress is referring to fulfilling the deepest wishes of runaway global corporations.

Laura Barron-Lopez

Obama's Trade Deal Is Tangled In The Intricate Web Of Malaysia's Slavery Problem | Laura Barron-Lopez | Posted 06.04.2015 | Politics

WASHINGTON -- President Barack Obama's push for legislation that would enable the U.S. to strike a major trade deal with 11 other countries has gotten...

Why 'Free Trade' Treaties Destroy Jobs

Washington Spectator | Posted 05.19.2015 | Politics
Washington Spectator

Recently, the president claimed that critics who say that the Trans-Pacific Partnership (TPP) "is bad for working families ... don't know what they are talking about."

The Incredible Arrogance of the Trans-Pacific Partnership Crowd

Dean Baker | Posted 05.18.2015 | Business
Dean Baker

There are few policies that show the split between elite opinion and everyone else as clearly as trade policy. On trade we see a remarkable convergence of the leadership of both parties against their base, with the elites firmly behind the leadership against what they view as the ignorance of the masses.

Why We Need to Defeat the Trade Bills

Rep. Jan Schakowsky | Posted 05.18.2015 | Politics
Rep. Jan Schakowsky

This is not our parents' trade bill. It is not about providing fair trade -- which we all support. Fast track is about pushing through the TPP, TTIP and future trade agreements that would massively increase the power of big corporations and affect the daily lives of Americans. The impacts go beyond job loss -- as serious as that is.

Samantha Lachman

McConnell Praises Obama's TPP Negotiations | Samantha Lachman | Posted 05.17.2015 | Politics

Senate Majority Leader Mitch McConnell (R-Ky.) said Sunday that Congress' upper chamber would give President Barack Obama expedited authority to negot...

On Trade Reform, Why Isn't Elizabeth Warren Teaming Up With the European Union?

Rafael Salazar | Posted 05.17.2015 | Politics
Rafael Salazar

Getting 12 Asian and North American countries to agree on a massive free trade agreement that will impact their entire economy is sometimes easier than reaching across the aisle in Congress.

The Obscure Trade Provision Everyone Is Talking About

Terra Lawson-Remer | Posted 05.16.2015 | World
Terra Lawson-Remer

In the U.S., libertarians and conservatives worried about national sovereignty have joined with pro-environment, pro-labor progressives to mobilize against Fast Track, in large part because Fast Track would grease the skids to expand ISDS through trade treaties.

Gandhi's Dream #1: Replace TPP with PPP

Dr. Behzad Mohit | Posted 06.27.2015 | Politics
Dr. Behzad Mohit

Have you heard? There is a massive "free trade" agreement being negotiated in secret without your knowledge or participation by your elected representatives.

Obama's Trade Deals: A Test For Hillary Clinton

Robert Kuttner | Posted 06.26.2015 | Politics
Robert Kuttner

On trade policy, Clinton now finds herself to the right of Mr. Wall Street Democrat, Chuck Schumer. And this is only the first of countless tests of where Clinton really stands -- tests that will keep coming up between now and primary season. If she is presenting herself as a forceful leader, it ill-becomes Clinton to duck.

Why President Obama Is Wrong on Trade

David Singh Grewal | Posted 06.26.2015 | Politics
David Singh Grewal

Can reasonable people disagree about the issues at hand in the TPP and TTIP? Absolutely. The president is wrong to suggest that his supporters in Congress and beyond are irresponsible when they question these agreements -- particularly given that his administration continues to keep them classified as a "national security" matter.

Me and the TPP

Jared Bernstein | Posted 06.08.2015 | Business
Jared Bernstein

If the TPP is really a good deal for the US, and since I haven't read it I can't say, then based on the first bullet above, I understand, conditional on greater effort than I believe has been expended thus far, that a currency chapter could kill the deal.

Today's Trade Agreements Are Backwards, But We Can Do Better

Peter Schurman | Posted 05.27.2015 | World
Peter Schurman

The legitimate force that drives trade agreements is companies' need for predictability and stability in order to invest beyond the borders of their home country. Everyone can support that. But where trade agreements go wrong is in secret negotiations, with virtually zero democratic input or accountability

Obama Begins Sales Pitch On Trade To Wary U.S. Public

Reuters | Posted 04.23.2015 | Politics

By Roberta Rampton WASHINGTON, Feb 21 (Reuters) - President Barack Obama on Saturday began a broad sales pitch to the U.S. public abou...

Dana Liebelson

Democrat Says Obama Administration Dodging Request To Read Trade Deals Without Restrictions | Dana Liebelson | Posted 02.16.2015 | Politics

WASHINGTON -- A Democratic congressman has accused the Obama administration of dodging his request for "unimpeded" access to two controversial trade a...