Global Trade Watch
An analysis by the nonprofit Public Citizen raises questions about Donald Trump’s plans for a revised trade deal.
“It’s morning again -- for auto manufacturing in America,” a new ad says.
Parts of the scuttled Trans-Pacific Partnership will be a “starting point,” the commerce secretary said.
Without calling every one of them personally, that is.
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.
Concealing potentially job-killing trade schemes from the American public thwarts democracy. Rushing unpopular legislation through Congress before American citizens have an opportunity to review it and tell their elected representatives how they feel about it obstructs democracy.
Based on one TPP chapter alone, the average worker is going to get screwed. The provisions will give corporations the ability to do an end-around on U.S. laws they don't like. How is that fair? What about the rights of the American people? What about democracy?
Twenty years after Clinton signed NAFTA into law, Global Trade Watch reports a 450 percent increase in the U.S. trade deficit, resulting in the export of almost one million jobs, and downward pressure on wages.
Rather than protect American jobs, punitive duties will make products more expensive to American consumers and companies.
As long as unfinished "free trade" deals remained bogged down in negotiations and are not an administration priority, I am willing to judge the situation as no harm, no foul. But it's a different story if the White House starts investing any real political capital in advancing these deals.