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Donald Trump says he will issue an executive action on his first day in office to withdraw from the Trans-Pacific Partnership.
In a video updating Americans on the White House transition, the President-elect described TPP as a "potential disaster for our country".
[...] Mr Trump said his administration instead intends to generate "fair, bilateral trade deals that bring jobs and industry back onto American shores".
Sky Correspondent Greg Milam said: "Donald Trump has been very critical of what trade deals have done for American workers and the damage that the North American Free Trade Agreement (NAFTA) did in the 1990s - particularly to low-income workers in the Midwest, who it turns out voted for Mr Trump in huge numbers."
Source: Sky News
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Donald Trump to Withdraw US from Trans-Pacific Partnership
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It's raisins that make Post Raisin Bran so raisiny ...
(Score: 2) by Gaaark on Wednesday November 23 2016, @09:38PM
'Trade' agreements, maybe. But corporate money making machines? No.
Corporations run on risk: enter a new niche? There is a risk attached. Invent (or even 'invent') a new product for making profit on? Risk. Try to make money in a new market? Risk. But the reward could be great!
With things like the TPP, they are trying to remove risk: they create a chemical that THEY discover kills bees, but they can make a magnificent profit on and they go for it, covering up their own data. Other scientists start saying 'Hey, their chemical kills bees!" What to do as a corporation? Help create a 'trade' bill that allows you to sue governments that stop the sale of your bee killing chemicals.
eg. Make a magnificent profit off sale of bee killing chemicals in Canada. Canada decides your chemical is killing bees (partially after discovering that YOUR OWN DATA says it kills bees) and they stop the sale of your chemical.
Should you be, then, able to sue Canada for lost profits???? UNBELIEVABLE!!! NO. YOU. SHOULD. NOT!
This is NOT a trade agreement: this is a corporate profit agreement. Screw the people, make money.
I for one am not willing to sit around and just agree to take it up the arse so that a corporation can make another dollar...and another....and another.
'Thank you, sir, can i have another arse raping?'
No. Thank. You.
--- Please remind me if I haven't been civil to you: I'm channeling MDC. ---Gaaark 2.0 ---