• April 20, 2024

US senator brands TPP a disastrous trade agreement

A US senator has made a scathing attack on the proposed Trans-Pacific Partnership (TPP), listing 10 ways in which it would harm working families, according to a piece by Jason Easley in PoliticusUSA.

Senator Bernie Sanders branded the TPP a disastrous trade agreement designed to protect the interests of the largest multi-national corporations at the expense of workers, consumers, the environment and the foundations of US democracy.

It would negatively impact, too, some of the poorest people in the world, he said.
The TPP was a treaty that had been written behind closed doors by the corporate world. Incredibly, while Wall Street, the pharmaceutical industry and major media companies had full knowledge as to what was in the treaty, US people and members of Congress did not. They had been locked out of the process.

‘Let’s be clear: the TPP is much more than a “free trade” agreement,’ Sanders was quoted as saying in a statement.
‘It is part of a global race to the bottom to boost the profits of large corporations and Wall Street by outsourcing jobs; undercutting worker rights; dismantling labor, environmental, health, food safety and financial laws; and allowing corporations to challenge our laws in international tribunals rather than our own court system.’

The Politicus piece, including what Sanders sees as the 10 ways in which the TPP would be harmful, is here.