Meetings resumed this week among 12 nations pursuing the huge and hugely controversial Trans-Pacific Partnership (TPP) trade agreement, this time in D.C. where they have been met by at least some protests. To briefly recap: TPP has been pursued by the George W. Bush and Obama administrations (although the United States joined the talks after they…More
Topic: Trans-Pacific Partnership
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President Obama’s visit to Oso yesterday was made en route to Asia, where he hopes to give a decisive push for the Trans-Pacific Partnership (TPP), the giant, “high standards” trade deal four years in the making that would involve the United States and 11 other Pacific Rim nations. The TPP would be the most ambitious trade…More
Last Sunday, I wrote about the proposed Trans-Pacific Partnership. It would be the largest and most ambitious trade agreement in United States history, involving 12 and possibly more nations.
It is said to be based on high standards for such things as intellectual property protection, the environment and labor issues. The TPP is also critical to the Obama administration’s “pivot to Asia.” While no one in power admits it, the agreement would be about offsetting China”s rising power as much as about trade.
Critics are many, It apparently doesn’t address currency manipulation. Another big controversy is that the negotiations are being conducted in extreme secrecy. What do you think?
Read on for some of the best business and economic links of the week, plus the haiku…More