US Government’s Own Report Shows Toxic TPP “Not Worth Passing”

The government’s own assessment of the toxic Trans Pacific Partnership (TPP) shows that the controversial trade deal will produce negligible economic benefits while damaging most Americans’ jobs and wages. [Deirdre Fulton| May 19, 2016 |Common Dreams] The U.S. International Trade Commission’s (ITC) report (pdf), issued Wednesday, shows that the TPP “would likely have only a small positive…

USITC Report Reveals TPP Will Shrink US Manufacturing

On May 18, 2016, the U.S. International Trade Commission (USITC)  released its report, “Trans-Pacific Partnership Agreement: Likely Impact on the U.S. Economy and on Specific Industry Sectors,” relative to the agreement  that President Obama signed in February with Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. [Michele Nash-Hoff| May…

Michael Froman’s Parallel Universe

by Michael Stumo I listened to US Trade Representative Michael Froman discuss the Trans-Pacific Partnership yesterday on a business group conference call, after the US International Trade Commission report came out. Despite the fact that the report nullified Froman’s entire economic case for the TPP, you would never know it from his talk. Froman created…

Dean Baker’s Statement on the TPP and Latest USITC Report

For Immediate Release: May 18, 2016Contact: Tillie McInnis, (202) 293-5380 x117 Key Findings of the USITC Analysis of the Trans-Pacific Partnership Agreement Washington, D.C. —  CEPR’s Dean Baker issued the following statement on the latest USITC Report and the TPP: “The United States International Trade Commission (USITC) report on the Trans-Pacific Partnership (TPP) was far closer in its…

USITC Report Predicts Exceedingly Small Benefits for U.S. Beef Packers While Failing to Address Impacts to the U.S. Cattle Supply Chain

The US International Trade Commission report shows that the best the US cattle industry can hope for from TPP is that in 15 years we will market barely over one day’s kill in additional cattle given that the U.S. is presently slaughtering approximately 120,000 cattle per day in U.S. slaughtering plants. [May 18, 2016 |R-CALF USA] Billings, Mont. –…