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Showing blog posts by Stan Sorscher

The Trans-Pacific Partnership, Written in Secrecy, Could Cost U.S. Jobs

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Sometime this year, President Obama will ask Congress to approve a new trade agreement, called the Trans-Pacific Partnership, or TPP.

We should understand that the TPP has been negotiated in secrecy. More than 600 corporate lobbyists have had direct access to the negotiating texts. They serve as formal advisers in the negotiations and have constant communication with U.S. negotiators. Meanwhile, Congress and the public are unable to get or discuss copies of the deal.

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Why We're Still Fighting the Last War on Trade Policy

Figure 1. Are TPP and TTIP just the next two laps in the race to the bottom?

The other day, President Barack Obama spoke to 100 top CEOs from the Business Roundtable. He was asked about two huge new trade deals, favored by global companies, known as TPP and TTIP. The president taunted critics of our failing trade policy, telling them, "Stop fighting the last war."

That sounds patronizing. Is it true that companies trying to manufacture in America, workers, communities and environmentalists need the president to explain their interests to them, as if 25 years of lived experience with NAFTA-style trade deals haven't been sufficiently clear?

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