Edward Kaler: More needs to be known about Trans-Pacific Partnership
To the editor:
This month, U.S. negotiators have worked behind closed doors in Singapore on a massive agreement called the Trans-Pacific Partnership (TPP). It’s being sold as a “free trade” agreement, but actually TPP would provide new rights to corporations which incentivize off-shoring of jobs, require us to import food that does not meet U.S. safety standards and would even ban “Buy American” procurement policies that reinvest our tax dollars locally to create jobs here.
This is the biggest international economic pact in decades. Eleven countries are involved in the secret talks, and it’s open for more to join — even China. It would expose the U.S. to corporate attacks before foreign tribunals demanding compensation in our tax dollars, simply because foreign firms don’t like our laws.
President Obama has called for completion of the TPP by October, yet after three years of negotiations, the public and Congress know little about what U.S. negotiators are proposing in our names.