By Peter Dolack of Systemic Disorder – Think the ideas behind the Trans-Pacific Partnership or the so-called “free trade” regime are buried? Sadly, no. Definitely, no. Some of the countries involved in negotiating the TPP seeking to find ways to resurrect it in some new form — but that isn’t the most distressing news. What’s worse is the TPP remains alive in a new form with even worse rules. Meet the Trade In Services Agreement, even more secret than the Trans-Pacific Partnership. And more dangerous. The Trade In Services Agreement (TISA), currently being negotiated among 50 countries, if passed would prohibit regulations on the financial industry, eliminate laws to safeguard online or digital privacy
By Nick Dearden for Global Justice Now – Trump isn’t serious about helping American workers, you only have to look at some of his other proposals – and his business history – to know that. But more worrying still, pitting the interests of American workers against everyone and everything thing else – workers elsewhere, climate change, public services – takes us in a very dangerous direction. In the 1930s, many governments responded to the Great Depression by trying to shift their economic problems onto other counties. State’s pushed up tariffs and quotas, competitively devalued currencies, underwrote big business monopolies. These policies aren’t always and everywhere wrong, but in the 30s they were used to promote exports…
By Popular Resistance. On January 23, 2017, President Trump kept his campaign promise to withdraw the United States from the Trans-Pacific Partnership (TPP). This action was taken because of the work of activists across the U. S. who care about a variety of issues that would be impacted by the TPP. It was the people working together in broad coalitions that made the TPP so politically toxic that politicians ran away from it. People have the power to bring transformational change. It is time to end the failed model of trade and demand a new era of globalization that strengthens protections of workers, families, communities and the planet rather than protecting corporate profits.
By Staff of RT – With a stroke of a pen, President Donald Trump has unraveled the Trans-Pacific Partnership, withdrawing the US from the controversial free-trade pact. Without Washington’s participation, the TPP would have to be renegotiated or scrapped altogether. The largest global trade agreement in 20 years, the TPP would have included the United States, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. It was championed by former President Barack Obama as a way to open Asian markets for American goods and create a trade bloc to counter China.
By Reuters. WASHINGTON DC: The new US administration of President Donald Trump said on Friday (Jan 20) its trade strategy to protect American jobs would start with withdrawal from the 12-nation Trans-Pacific Partnership (TPP) trade pact. A White House statement issued soon after Trump’s inauguration said the United States would also “crack down on those nations that violate trade agreements and harm American workers in the process.” The statement said Trump was committed to renegotiating another trade deal, the North American Free Trade Agreement (NAFTA), which was signed in 1994 by the United States, Canada and Mexico. “For too long, Americans have been forced to accept trade deals that put the interests of insiders and the Washington elite over the hard-working men and women of this country,” it said.
By Stan Sorscher for The Huffington Post – The 2016 elections threw a bucket of cold water into the face of free-trade orthodoxy. It’s no surprise that voters in Wisconsin, Michigan, Ohio, Pennsylvania, and elsewhere are deeply discouraged by decades of failed promises of boon from establishment leaders. The real surprise is, what took us so long? We need a new approach to globalization that does as much for workers and the environment as it does for global investors. Everyone I know wants trade and globalization. However, we have managed globalization badly. Our failed “neoliberal” approach has been to manage globalization through trade deals, written by and for the interests of global companies.
By Kshana Sawant for Counterpunch. Hundreds of thousands of people have already poured into the streets since November 8th. On the night of the election result, my organization, Socialist Alternative began to organize protests around the country for the next day. Hundreds of thousands of people have already poured into the streets since November 8th. On the night of the election result, my organization, Socialist Alternative began to organize protests around the country for the next day. More than 50,000 answered that call: in Seattle, New York, Boston, Philadelphia, and Oakland. Many more protests have followed, as well as dozens of student walkouts, including 5,000 Seattle students on Monday alone. Our movement will need to be independent of both major political parties. The Democratic Party cannot be relied on to stop Trump, anymore now than during the election. And to truly defeat the right, we will need to build our own mass party – a party of, by and for the 99% – completely free of corporate cash and corporate influence. We have a historic responsibility to fight back against this administration. On January 20th and 21st, activists will be organizing protests and student walkouts across the country. Hundreds of thousands will gather for the Women’s March on Washington DC and to “Occupy Inauguration,” to send a message to the new president that there is no space whatsoever for his bigoted agenda in America.
By Mike “Mish” Shedlock for Mish Talks – President Obama made a foolish decision to not welcome China in the formation of the Trans-Pacific Partnership (TPP). It was ludicrous for Obama to leave China out of things. China is the second biggest economy in the world, third if you treat the EU as a block. Had China been in the deal all along, we may not have seen the ludicrous provision that allowed companies to sue governments. That provision was one of the key reasons the deal failed.
By Mark Hand for DC Media Group. Protesters converged on downtown Washington, DC, again on Nov. 14, but this time it wasn’t all about the election of Donald Trump as president. Many came to the nation’s capital to celebrate the defeat of the Trans-Pacific Partnership (TPP), although some fear Trump could backtrack on his campaign promise to oppose the regional trade deal. As part of the day of action, protesters blocked I-395 in D.C. for more than 30 minutes with an enormous banner which read, “Stop Trumpism.” The protesters maintained the protest action was not an endorsement of Democratic Party candidate Hillary Clinton. One of the day’s goals was to empower people disillusioned with the two-party political system, including Bernie Sanders supporters, by providing them with examples of activism beyond the ballot box, said Veronica Murray, a Massachusetts resident, who was one of the activists who blocked the freeway with the “Stop Trumpism” sign.
By Andrea Germanos for Common Dreams. The defeat of the TPP was due to a multi-year campaign by a broad coalition of movements. No matter who was elected president, the TPP was on its way to defeat in the lame duck. Both Paul Ryan and Mitch McConnell have been saying for months that the votes were not there to ratify it. The corporate media is not giving credit to the movement — do they ever? — and are claiming it was because of Trump’s election. Those who have followed the TPP for the last five years know the reality — people power defeated corporate power. Of course, that is not a message the corporate media wants people to know. See The TPP Is Dead: The People Defeat Transnational Corporate Power. Today we are at an action camp making preparations for protests that will begin tomorrow to celebrate the people powered victory and build on it. The first protest begins at 11:00 AM at Freedom Plaza and the second across from the US Supreme Court at 5:3- PM. Join us.
By Arthur Stamoulis for Medium – If you read the headlines, Donald Trump’s election has killed the Trans-Pacific Partnership (TPP). The headlines have it wrong. Donald Trump didn’t kill the TPP. Assuming we see the fight through to the bitter end, it’s the cross-border, cross-sector, progressive “movement of movements” that will have defeated the TPP. While overshadowed by the horror of Trump’s election, this victory will be one of the biggest wins against concentrated corporate power in our lifetimes, and it holds lessons we should internalize as we steel ourselves for the many challenges we face heading into the Trump years.
By Vicki Needham for the Hill. The Obama administration’s won’t pursue passage of its signature Pacific Rim trade deal, dealing a major blow to President Obama’s legacy. Any hope of passing the sweeping 12-nation Trans-Pacific Partnership (TPP) quickly faded after Donald Trump’s surprise victory on Tuesday and pronouncements by congressional leaders that the pact would not be considered during the lame-duck session. Trump and Democrat Hillary Clinton each opposed the agreement during their campaigns, endangering the already slim chances that Congress would cobble together enough support to pass the historic agreement before the end of Obama’s presidency. The long-shot trade agreement faced widespread Democratic opposition on Capitol Hill and the environment for passing the deal only grew more toxic during the presidential campaigns.