Wednesday, 06 November 2013 05:57
The
Trans-Pacific Partnership (TPP) is a trade deal that is being
negotiated completely in secret. The main actors at the table are large
corporate interests like Wall Street banks, multinational drug
companies, and oil and gas companies. This might lead one to think that
the end product will be an agreement that furthers the upward
redistribution of income rather than benefits the bulk of the
population. That seems especially likely since this is a "next
generation" trade agreement that is primarily about regulations, not
reducing traditional trade barriers like tariffs and quotas.
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