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Trans Pacific Partnership

Slowing the Fast Track Down

Chris Weigant | Posted 05.11.2015 | Politics
Chris Weigant

There's a big political fight happening in Washington, but for once it does not break down easily along partisan lines. There are free-traders among both the Democrats and the Republicans, and opposition exists on both sides. But the main skirmish in this fight is currently happening between President Obama and some of his fellow Democrats.

The March Trade Deficit and the Trans-Pacific Partnership

Dean Baker | Posted 05.11.2015 | Business
Dean Baker

The jump in the March trade deficit, coupled with the weak job numbers for the last two months, should highlight the importance of including rules on currency in trade agreements. Such rules could ensure that the dollar does not remain over-valued and prevent the economy from reaching full employment.

Put Trade on the Right Track -- Not the Fast Track

David Singh Grewal | Posted 05.11.2015 | Politics
David Singh Grewal

The Right Track approach eschews the simplistic, textbook understanding of free trade and recognizes that what "free" trade is now about is global governance: the harmonization of national regulatory regimes, often for the benefit of powerful corporate lobbies.

Stupid Trade Gets Dangerous: TPP Threatens US Military Supply Chain

Greg Autry | Posted 05.11.2015 | Politics
Greg Autry

The White House claims that Obama's Trans-Pacific Partnership would help counter China's growing economic and military threat. Many Republicans, including nominal pro-defense patriots, are curiously supportive of the President in this case. Ironically bipartisan trade policy created our China problem in the first place.

The New World of Trade Is All About Values and Consumer Risk

Pascal Lamy | Posted 05.11.2015 | World
Pascal Lamy

BRUSSELS -- A discrepancy exists between the benefits of globalization on the one side and the legitimate values shared by diverse communities on the other. The benefits of globalization go with magnitude, with size. The larger, the better because of the economies of scale. Big is beautiful. Identity, legitimacy and politics go with proximity, the small and diseconomies of scale. Small is beautiful.

An Open Letter to Progressives: TPP Is Not Yet 'The Most Progressive Trade Agreement in History'

Rep. Sandy Levin | Posted 05.11.2015 | Politics
Rep. Sandy Levin

I have deep concern -- and some dismay -- when the president says that "we are just wrong," or we are "satisfied with the status quo," or worse, we are "making this stuff up" when we express concerns about the status of the Trans-Pacific Partnership (TPP) trade negotiations.

Trade, Jobs, and the Politics of TPA

Douglas Holtz-Eakin | Posted 05.11.2015 | Politics
Douglas Holtz-Eakin

Why are so many senators from trade-rich states currently on the fence or against a policy that clearly is in their states' economic interest?

Trade Abuse

Leo W. Gerard | Posted 05.11.2015 | Business
Leo W. Gerard

Despite their long history of battering the U.S. middle class with bad trade deal after bad trade deal, these lawmakers and CEOs contend workers should believe that their new proposal, the Trans-Pacific Partnership (TPP), will be different.

TPP: Obama's Folly

Jeff Faux | Posted 05.10.2015 | Politics
Jeff Faux

The trade deals negotiated by the last three presidents have lowered U.S. wages, lost jobs and generated a chronic trade deficit. President Obama's main argument that exports have risen, without mentioning that imports have risen much faster, is now transparently deceitful to anyone who can add and subtract.

TPP, Fast Track, Will Drive Consumers to China for Affordable Medicines

Ellen R. Shaffer | Posted 05.09.2015 | Politics
Ellen R. Shaffer

The TPP and other trade agreements create an economic race to the bottom, creating a nation of Walmart shoppers rather than family wage jobs and an economically and environmentally sustainable future.

Senate Fast Track Vote Tuesday -- Where Is Clinton?

Dave Johnson | Posted 05.21.2015 | Politics
Dave Johnson

If fast track passes, TPP's passage is inevitable. The voting environment will be similar to what happened with the "Citigroup budget" vote, when the pressure was on members to pass it with provisions that deregulated derivatives or shut down the whole government.

Obama Pushes Back Against Trade Critics

AP | Posted 05.12.2015 | Politics

BEAVERTON, Ore. (AP) — When President Barack Obama promotes trade, he likes to say that 95 percent of the world's markets are outside the nation's b...

Senate Sets First Vote On Fast-Track Trade Bill Tuesday

Reuters | Posted 05.07.2015 | Politics

WASHINGTON, May 7 (Reuters) - The U.S. Senate will begin debate next week on legislation granting President Barack Obama "fast-track" negotiating au...

To Sell His Trade Agenda, the President Turns to ... Nike?

Scott Paul | Posted 05.07.2015 | Politics
Scott Paul

Nike is great at making iconic commercials and catchy slogans, but it's not really great at making American manufacturing jobs.

TheTrans Pacific Partnership Could Actually Be Good

David Russell | Posted 05.07.2015 | Politics
David Russell

A constructive solution for TPP may well appeal to all voters no matter what their political stripe. As it stands NAFTA, and prospectively an ill constructed TPP, has or will screw American workers, all of them, no matter what their political inclination.

Zach Carter

Why Obama Wants To Torpedo A Plan To Fight Human Trafficking

HuffingtonPost.com | Zach Carter | Posted 05.07.2015 | Politics

WASHINGTON -- The biggest threat to President Barack Obama’s trade agenda may be a plan to fight human trafficking, which threatens to reshuffle a m...

A Multinational Trojan Horse: The Trans-Pacific Partnership

Dave Pruett | Posted 05.07.2015 | Politics
Dave Pruett

You don't have to know much about the "trade" deal called the Trans-Pacific Partnership (TPP) to be more than a little suspicious.

Obama to Visit Nike to Promote TPP. Wait, Nike? Really?

Dave Johnson | Posted 05.12.2015 | Business
Dave Johnson

Yes, Nike, a company that grew to be worth billions by outsourcing jobs to overseas sweatshops, a company that sets up P.O.-box subsidiaries in tax havens to avoid paying U.S. taxes, a company that uses threats to extort tax breaks from its "home" state. Is this really the sort of company Obama wants to use as the face of what the TPP will bring?

Trade: Not A Slam Dunk For Oregon

Rep. Peter DeFazio | Posted 05.07.2015 | Politics
Rep. Peter DeFazio

Nationwide, many Americans who are working hard and playing by the rules are still struggling. Two decades of failed U.S. trade policy is one reason. At issue is not whether to trade, but under what rules. For workers, the environment and the health of American families, getting the rules right is essential.

How the U.S. and Japan Are Opening Markets to Contain China

R. Taggart Murphy | Posted 05.06.2015 | World
R. Taggart Murphy

TOKYO -- Unlike his grandfather who had to return to a country simmering with rage at his having delivered Japan into the arms of the U.S. military as a protectorate in perpetuity, Abe can crow to his right wing base that he has finally released the shackles that have bound Japan's military since 1945 -- all the while procuring American backing in any confrontation with China.

Dave Jamieson

Obama Makes Tone-Deaf Move On Trade Deal

HuffingtonPost.com | Dave Jamieson | Posted 05.06.2015 | Politics

WASHINGTON -- If President Barack Obama wants to win over liberal skeptics of his mammoth trade deal, he sure has a funny way of showing it. Accord...

Michael McAuliff

The Most Important Thing About Obama's Trade Deals You Never Understood

HuffingtonPost.com | Michael McAuliff | Posted 05.06.2015 | Politics

WASHINGTON -- A decade ago, or perhaps a little longer, New York Democratic Sen. Chuck Schumer had an epiphany during a visit to a Crucible Industries...

Zach Carter

Republican Billionaires Love Obama's Trade Deal

HuffingtonPost.com | Zach Carter | Posted 05.06.2015 | Politics

WASHINGTON -- President Barack Obama and congressional Republicans claim the middle class should like America's pending trade deal with 11 other Pacif...

Are 2016 Democrats Wrong on Trade?

Adam Toobin | Posted 05.05.2015 | College
Adam Toobin

Any Democrat opposing TPP on the basis of NAFTA isn't offering a trade policy for America's future, but rather guaranteeing that the jobs we have now are the best ones Americans can expect.

A Trade Pact in the Corporate Interest

William Spriggs | Posted 05.08.2015 | Politics
William Spriggs

Spurred on by powerful multinational corporations and aided by their corporate lobbyists, the administration wants Congress to sign a blank check for yet another "free trade" deal, with the same inadequate safeguards as previous failed deals.