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Showing blog posts tagged with trade

New ITC Trade Report Shows How Dangerous TPP Is for America’s Families

This week, the U.S. International Trade Commission published a damning report about the Trans-Pacific Partnership, a trade and economic agreement between the United States and 11 other countries. The report predicts the TPP will increase the job-killing U.S. trade deficit by a whopping $21.7 billion.  

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New AFL-CIO Trade Video Warns That TPP Would Double Down on NAFTA’s Economic Devastation

The AFL-CIO released a video today showing firsthand the devastating economic impact the Trans-Pacific Partnership could have on communities across the country. When global companies move jobs offshore to take advantage of trade deals, they not only destroy jobs, they suppress wages, deprive local governments of needed resources and leave working families behind. 

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Who Benefits from Private Courts in the TPP? We’ll Give You One Guess

Image courtesy Wikimedia Commons

The Trans-Pacific Partnership sets up private “corporate courts,” with few rules, that are only open for multinational companies to sue countries. Nearly all the winnings in these "corporate courts" go to the world’s biggest corporations and richest people—and most of the rest goes to the lawyers who work in these tribunals, according to a new study.

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