Posted: 18 Feb 2015 01:38 AM PST
In
his State of the Union speech, President Obama said he would submit a
bill to Congress that would grant him the fast track authority to
finalize the TransPacific Partnership (TPP)—a trade pact with Pacific
Rim countries such as Japan, Malaysia, Peru, and Chile. While free
trade has brought benefits in the past, tariffs in the world economy are
at an all time low and new deals like the TPP offer few new gains in
terms of growth and jobs for the American people. And the TPP in
particular comes at unacceptably high cost.http://www.nakedcapitalism.com/2015/02/transpacific-partnership-fast-track-financial-instability.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29
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