TPP Trade Agreement Reached …. “Faces Scrutiny in Congress”!!


TTP7

~~October 6, 2015~~ 

TRANS-PACIFIC PARTNERSHIP

The United States, Japan and 10 other Pacific Rim nations on Monday, October 5, 2015, reached final agreement on the largest regional trade accord in history, teeing up what could be the toughest fight President Obama will face in his final year in office: securing approval from Congress.

Now the deal faces months of scrutiny in Congress, where some bipartisan opposition was immediate. That debate will unfurl against the backdrop of a presidential campaign in which populist anti-trade talk against the deal is already prominent.

“As it appears in … full read/full credit”

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The Trans-Pacific Partnership (TPP) is a proposed regional regulatory and investment treaty. As of 2014, twelve countries throughout the Asia-Pacific region have participated in negotiations on the TPP:

Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam.

The proposed agreement began in 2005 as the Trans-Pacific Strategic Partnership Agreement (TPSEP or P4). Participating countries set the goal of wrapping up negotiations in 2012, but contentious issues such as agriculture, intellectual property, and services and investments have caused negotiations to continue into the present, with the last round meeting in Ottawa from 3 -12 July 2014. Implementation of the TPP is one of the primary goals of the trade agenda of the Obama administration in the United States of America.

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~~GRAPHICS SOURCE~~ 

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~~RELATED~~

https://hrexach.wordpress.com/2015/02/10/tpp-trans-pacific-economic-partnership/

Trans-Pacific Partnership (TPP): Good Idea Or Bad Future For America?

https://hrexach.wordpress.com/2014/01/23/ttp-trans-pacific-economic-partnership-fastrack/

https://hrexach.wordpress.com/2015/04/24/something-to-think-about-stop-the-tpp-fasttrack/

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~~TPP Trade Agreement Passed~~

The Young Turks

~~Published on Oct 5, 2015~~

The United States and 11 other countries have officially reached an agreement in the Trans-Pacific Partnership or TPP. If you’re thinking there is going to be more transparency now that they’ve reached a deal, think again. Cenk Uygur and Ana Kasparian of The Young Turks break down this historic agreement.

Read more here: http://www.theguardian.com/business/2…

“Trade ministers from 12 countries announced the largest trade-liberalizing pact in a generation on Monday. In a press conference in Atlanta, trade ministers from the US, Australia and Japan called the the Trans-Pacific Partnership an “ambitious” and “challenging” negotiation that will cut red tape globally and “set the rules for the 21st century for trade”.

The deal – in the works since 2008 – is a major victory for the US president, Barack Obama.

“This partnership levels the playing field for our farmers, ranchers and manufacturers by eliminating more than 18,000 taxes that various countries put on our products,” the president said in a statement.

“It includes the strongest commitments on labor and the environment of any trade agreement in history, and those commitments are enforceable, unlike in past agreements.”

While it still faces major hurdles, not least in Congress, the deal could reshape industries and influence everything from the price of cheese to the cost of cancer treatments. It is expected to set common standards for 40% of the world’s economy, become a new flashpoint for the 2016 presidential campaign, and could become a legacy-defining agreement for the Obama administration.”

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BREAKING NEWS ….. “Senate Blocks TTP Fastrack Authority”!!


VicTTP

~~May 12, 2015~~ 

BREAKING NEWS

Trade vote set for defeat, dealing tough blow to Obama 

“Sorry Sir, Mr. President … this should also happen to your approval to drill for oil in the Artic”.

HortyRex©

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The Senate has rejected Obama’s fast-track authority for the TPP in a stunning victory for workers and the environment. Now it’s nearly impossible for the corporate trade deal to pass before Congress begins recess on Memorial Day.

Washington (CNN)

President Barack Obama’s free trade push was blocked in the Senate on Tuesday as Democrats rebelled, throwing one of his biggest priorities in his remaining years in the White House into doubt.
Roughly 14 pro-trade Democrats emerged from a Tuesday afternoon meeting with other Senate Democrats saying they wouldn’t vote to take up the trade bill —

which then failed on a 52-45 vote.

The Democrats complained that Senate Majority Leader Mitch McConnell was refusing to add a package of pro-worker provisions to the bill that many in the GOP see as unrelated and too costly.

Opposition to the measure, which would allow for quick approval of the 12-country free-trade agreement known as the Trans-Pacific Partnership, has been building among progressive Democrats for some time. But there was still hope at the White House that aggressive lobbying from Obama would be enough to cobble together votes needed to at least allow the Senate to debate the bill.

Warren and her fellow progressives have long been an outspoken opponent of the bill for the same reason — that it largely removes Congress’ ability to weigh in on the deal until after it’s been negotiated, a process that critics say has been done in secret and in close cooperation with lobbyists and special interests.

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Warren reiterated those complaints in an interview with NPR Tuesday morning.

“The way I see this, that’s a tilted process, and a tilted process yields a tilted result,” she said.

More broadly, progressives are wary of a new free-trade deal because they believe it would draw jobs overseas and hurt American workers.

During a speech at the National Press Club on Tuesday, Warren gave voice to those concerns, warning that “this country is in real trouble.”

“We cannot continue to run this country for the top 10%. We can’t keep pushing through trade deals that benefit multi-national companies at the expense of workers,” she said.

“Government cannot continue to be the captive of the rich and the powerful. Working people cannot be forced to give up more and more as they get squeezed harder and harder.”

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~~GRAPHIC SOURCE~~ 

https://www.facebook.com/usauncut?fref=photo

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“As it appears in …. full read/full credit”

http://www.cnn.com/2015/05/12/politics/free-trade-fast-track-vote/index.html

http://thehill.com/policy/finance/241770-trade-vote-set-for-defeat-dealing-tough-blow-to-obama

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#BreakingNews #StopTTPFastTrack #DontSellAmericaOut #TellCongress #ObamaAdministration #SeekingRenewalAuthority #TradePromotionAuthority #TPA #StopTPP #FoodDemocracyNow #StopMonsanto #TradeAgreements #SenateBlocks #TTPFastAuthority #Democrats #ElizabethWarren #BernieSanders #FellowProgressives #Victory #DirtiestDeal #TransPacificPartnership #RobertReich

#WeAllAreOne #ItIsWhatItIs #DrRex #HortyRex #hrexachwordpress

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~~RELATED~~

https://hrexach.wordpress.com/2015/04/24/something-to-think-about-stop-the-tpp-fasttrack/

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~~TPP~~

The Dirtiest Trade Deal You’ve Never Heard Of

~~Published on Nov 7, 2014~~

The Trans-Pacific Partnership (TPP) could cost us our internet freedom, labor rights, access to affordable medicine, the safety of our food, and protections that keep our water and air clean.

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We ALL are ONE!! 

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