Will New York City Be The Next ‘TPP-Free Zone’?
On Thursday Council Member Helen Rosenthal introduced a new resolution that opposes the President’s “fast-track” authority over the Trans-Pacific Partnership (TPP) and declares New York City a “TPP-Free Zone.”
The TPP, a free trade agreement being secretly negotiated between the United States federal government and eleven other Pacific Rim countries, will “eliminate tariffs and other barriers to goods and services trade and investment” among these countries. However leaked texts and news reports show that the TPP would significantly alter the balance of international power, reduce national, state and city sovereignty, and negatively impact domestic businesses, environmental and labor protections, food sanitation standards, and free access to the internet and low-cost medications.