by Michael Stumo President Obama received strong support from black and Hispanic workers but his TPP will hurt them even more than white workers. The TPP will kill jobs because our workers will be placed in direct competition with foreign workers, some of whom make 90% less than Americans. More education is fine, but mathematically…
[ Robert E. Scott| September 08, 2016 | EPI] The White House is making one last push for passage of the Trans-Pacific Partnership agreement. However, growing imports of goods from low-wage, less-developed countries, which nearly tripled from 2.9 percent of GDP in 1989 to 8.4 percent in 2011, reduced the wages of the typical non-college educated worker…
[ Daily News| September 08, 2016 | Inside US Trade] Senate Finance Committee Chairman Orrin Hatch (R-UT) this week said commitments from Trans-Pacific Partnership countries on his demand for 12 years of market exclusivity for biologic drugs would not have to be framed in a contract or a side agreement – but rather as a “methodology”…
by Michael Stumo In a significant development, over 200 law and economics professors across the United States oppose the Trans-Pacific Partnership (TPP) treaty and the TransAtlantic Trade and Investment Partnership (TTIP) because they grant new power to foreign corporations to sue the United States outside the regular court system. Their letter is significant not only…
WASHINGTON, D.C. – A new Public Citizen interactive map shows how enactment of the Trans-Pacific Partnership (TPP) would dramatically expand U.S. exposure to multinational corporate demands for taxpayer compensation using the controversial “investor state dispute settlement” (ISDS) system. [Matthew Groch| September 08, 2016 | Public Citzen] Under existing treaties, relatively few foreign investors are empowered to use…
[ Daily News| August 7, 2016 | Inside US Trade] Updated on Sept. 9 at 6 pm: Heads of trade associations from Washington D.C. offices and executives from major companies on Sept. 8 will meet with Obama administration officials at the White House, where sources say the administration will urge attendees to step up lobbying efforts…
