The new winners will stand out from the losers in their explicit recognition of the new competitive landscape created by the TPP, and in their ability to reevaluate and revise their strategies for this new reality. While the scope of strategic reconsideration is vast, five strategic choices require special attention.
Shopping at your local supermarket is like touring the world without leaving your neighborhood. There's seafood netted in the South China Sea, wine from Chile, licorice from Australia, produce from India, and store-brand products from who knows where. Cheap labor abroad plus modern shipping equals yummy, affordable groceries in our baskets.
U.S. Business & Industry Council (USBIC) President Kevin L. Kearns says that the the full agreement, which runs to 1,121 pages and 30 chapters, is full of special deals for various U.S. trading partners, foreign corporations, and multinational U.S. businesses, with little to promote domestic job growth in the United States.
It would be foolish to think that because Hillary Clinton had once supported the TPP in principle, she should remain committed to it unconditionally. Furthermore, Clinton's longer record shows an increasing reluctance to support the free trade agenda that characterized her husband's administration twenty years ago.
There's no reason for the US to swallow a trade deal filled with rotten rodent terms. American workers know for sure that if the scheme contains any foie gras, it'll be served on silver platters to corporations while workers are force-fed rats. America should withdraw. Congress should reject the TPP.
I don't believe Hillary Clinton's recent announcement that she opposes the awful Trans-Pacific Partnership (TPP) is sincere. She hasn't just done this once. She did it before, on NAFTA. She has, in fact, a long record of verbally criticizing free-trade agreements, but then supporting them when in office.