Trans-Pacific Partnership (TPP): More Job Offshoring, Lower Wages, Unsafe Food Imports
Have you heard?
The TPP is a massive, controversial, pro-corporate "free trade" agreement among the United States and 11 other countries – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. Although it is called a “trade” agreement, the TPP is not mainly about trade. Of TPP's 30 chapters, only six deal with traditional trade issues.
Secret TPP Text Unveiled: It's Worse than We Thought
In early November 2015, after seven years of close-door negotiations with the public, press and policymakers locked out, the final TPP text was released. In chapter after chapter, the final text is worse than expected, with the demands of the 500 official U.S. trade advisers representing corporate interests satisfied to the detriment of the public interest.The text reveals that the pact replicates many of the most controversial terms of past pacts that promote job offshoring and push down U.S. wages.
If passed, the TPP would:
The TPP can take effect only if the U.S. Congress approves it, and its fate in Congress is uncertain at best. Fast Track trade authority only passed through Congress by the narrowest of margins after a series of legislative maneuvers, with reluctant support from some key swing members contingent upon certain provisions being in the final TPP. The released text shows these concerns have been largely ignored.
And an unprecedented array of organizations have joined together in a powerful and diverse coalition to stop the TPP. Groups united on this extend well beyond labor unions and include consumer, Internet freedom, senior, health, food safety, environmental, human rights, faith, LGBTQ, student and civil rights organizations. Opposition to the TPP is growing at home and in many of the other countries involved.
- text by Public Citizen's Global Trade Watch