Failure of Korean Trade Deal Voids TPP

On the fourth anniversary of the Korean trade deal, its lofty promises have been revealed as putrid pie in the sky:  More jobs lost. No exports gained. [Leo Gerard| May 9, 2016 |Huffington Post] Just like NAFTA, just like China’s entry into the World Trade Organization (WTO), free traders swore that the Korean deal would…

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CBP Creates Trade Enforcement Task Force

WASHINGTON — U.S. Customs and Border Protection established a Trade Enforcement Task Force last month within CBP’s Office of Trade to further protect the American economy and domestic industry. The task force is focused on issues related to enforcement of antidumping and countervailing duty laws, and interdiction of imported products using forced labor. Both antidumping…

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The Free-Trade Consensus Is Dead

Like most modern trade deals, TTIP has less to do with tariffs than with so-called “non-tariff trade barriers,” a euphemism for ordinary health, safety, environmental, and financial regulations that corporations want to weaken both at home and abroad. In democratic societies, the people usually decide the balance between protecting the public and satisfying commerce. But…

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Clinton Signals Opposition To Lame-Duck TPP Vote

Democratic presidential frontrunner Hillary Clinton signaled opposition to holding a lame-duck vote on the Trans-Pacific Partnership in a candidate questionnaire released today by an anti-TPP activist group. [Daily News| May 6, 2016 |Inside US Trade] “I have said I oppose the TPP agreement – and that means before and after the election,” Clinton said in response to…

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The problem with trade agreements

President Obama wrote an op-ed earlier this week in favor of the Trans-Pacific Partnership. It was published in the Washington Post.  The paper accepted and published, today, Michael Stumo’s letter in response. In his May 3 op-ed, “America, not China, should call the shots on trade,” President Obama made an eloquent case for the Trans-Pacific…

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