The Trans-Pacific Partnership (TPP) Will Cause Continued Harm To U.S. Economy, Manufacturing
The Trans-Pacific Partnership (TPP) is a “free trade agreement” set to be finalized in October of 2013, even if President Obama has to utilize his fast track authority to assure the implementation of this harmful agreement that will bridge together a handful of countries – Australia, The United States, Japan, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, Vietnam, Mexico and Canada.
Very few people know that the Trans-Pacific Partnership (TPP) will bring about a slew of strict regulations on:
- financial dealings
- internet freedoms
- service-sector regulation
- labor and environmental standards
- government procurement
- patents and copyrights
- trade in industrial goods and agriculture
Perhaps one of the most alarming measures that the TPP will implement will be the further destruction of the U.S. manufacturing sector, as the TPP will send even more manufacturing jobs overseas. Furthermore, very little is known about the agreement. The negotiations have been taking place in secret and very few of the details have been unveiled to the public.
Like other trade agreements before it, such as NAFTA and the Korea-US Free Trade Agreement (KOR-US), the TPP is being advertised to the U.S. as a means to improve our economy and increase exports. However, if the disastrous effects of NAFTA are any indication, TPP will only serve to further cripple our industrial base.
America has already experienced the destruction of our manufacturing capabilities with NAFTA, a “free trade” agreement that saw much of our manufacturing industry outsourced to foreign nations. If our leaders – primarily President Obama – continues to ram the TPP into law, then surely the United States will fall victim to even more economic destruction.
Another scary thing about this particular agreement is that those leading the negotiations and gathering support aren’t even taking into account what the People of the U.S. want. The U.S. public knows how damaging “free trade” agreements are, but those taking part in the TPP negotiations don’t care. They’re too busy working to appease corrupt corporations and other 1%-ers who stand to benefit financially from the TPP.
Contact your congressional representative and tell them we cannot afford another damaging “free trade” agreement. Our economy — especially our industrial base — has suffered enough! Send this article to five of your friends and have them do the same.