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Trump Proposes Rejoining Trans-Pacific Partnership
President Trump, in a surprising reversal, told a gathering of farm state lawmakers and governors on Thursday morning that he was directing his advisers to look into rejoining the multicountry trade deal known as the Trans-Pacific Partnership, a deal he pulled out of within days of assuming the presidency.
Rejoining the 11-country pact could be a sharp reversal of fortune for many American industries that stood to benefit from the trade agreement's favorable terms and Republican lawmakers who supported the pact. The deal, which was initiated by the Obama administration, was largely viewed as a tool to prod China into making the type of economic reforms that the United States and others have long wanted.
Both Democrats and Republicans attacked the deal during the president campaign, but many business leaders were disappointed when Mr. Trump withdrew from agreement, arguing that the United States would end up with less favorable terms attempting to broker an array of individual trade pacts and that scrapping the deal would empower China.
Republicans in Congress have also been skeptical of Mr. Trump's tendencies on trade, and 25 Republican senators sent a letter to Mr. Trump urging him to re-engage with the pact "so that the American people can prosper from the tremendous opportunities that these trading partners bring."
Previously: Donald Trump to Withdraw US from Trans-Pacific Partnership
Renamed TPP Signed, Without the IP Rules, Without the USA
Related: "Legal Scrub" of TPP Makes Massive Change to Penalties for Copyright Infringement
US Government's Own Report Shows Toxic TPP "Not Worth Passing"
Australia Leads Charge to Revive TPP While Canada Abstains
(Score: 2) by maxwell demon on Friday April 13 2018, @05:49PM (3 children)
[1-click shopping]
It is an innovation. But patents were not introduced to protect innovation, they were introduced to protect inventions. That's an important difference.
The Tao of math: The numbers you can count are not the real numbers.
(Score: 3, Insightful) by DannyB on Friday April 13 2018, @05:51PM (2 children)
Okay.
But if 1-click shopping is an invention, then we're protecting the wrong thing.
To transfer files: right-click on file, pick Copy. Unplug mouse, plug mouse into other computer. Right-click, paste.
(Score: 2) by maxwell demon on Friday April 13 2018, @10:08PM (1 child)
Read my post again.
1-click shopping is an innovation. It is not an invention. Patents were not meant to protect innovations, they were meant to protect inventions.
Again, innovations and inventions are not the same thing.
The Tao of math: The numbers you can count are not the real numbers.
(Score: 2) by DannyB on Saturday April 14 2018, @02:32PM
Sorry, I misread. I agree.
To transfer files: right-click on file, pick Copy. Unplug mouse, plug mouse into other computer. Right-click, paste.