[ Kyodo| September 12, 2016 | Japan Times] The 12 countries that signed the Trans-Pacific Partnership free trade pact earlier this year agreed Monday that they will not renegotiate the deal, Japan’s TPP minister Nobuteru Ishihara said. The minister also told reporters the 12 nations confirmed they will move ahead with domestic processes quickly to…
The ranking members of the House and Senate trade committees today sent a letter to the head of the World Trade Organization lambasting the organization’s secretariat for issuing a report that calls for the removal of antidumping and countervailing duties instead of urging WTO members to resolve the policies that create the need for duties in the…
[ 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”…
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…
[ 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…
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…
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…
[ 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…
[ Adam Behsudi| September 07, 2016 | Politico] The list of groups coming out against the TPP as it currently stands continues to get longer, with two new organizations — Consumers Union and the Consumer Federation of America — writing letters to Congress on Tuesday urging lawmakers to state their opposition to the deal. Consumers Union is…
[ David Dayen| August 30, 2016 | Alternet] A secretive super-court system called ISDS is threatening to blow up President Barack Obama’s highest foreign policy priority. Investor-state dispute settlement — an integral part of the Trans-Pacific Partnership trade deal — allows companies to sue entire countries for costing them money when laws or regulations change.…
