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Negotiators fail to close deal amid revelations of internal discord over US corporate bullying. The Obama administration's pro-corporate Trans-Pacific Partnership (TPP) agenda appears to have missed a deadline.
Outside Salt Lake City’s Grand America Hotel on Tuesday, the rains fell, the speakers rose, the marchers chanted.
Inside, top trade negotiators from the United States and 11 other Pacific Rim nations perhaps discussed imports and exports, profits and products, prices and patents. The exact topics aren’t known. The talks were closed.
We wrote yesterday that this deal, the Trans Pacific Partnership, already looked to be in trouble given both Congressional and foreign opposition. The Administration has conducted the talks with an unheard-of degree of secrecy, with Congressional staffers in most cases denied access to the text and even Congressmen themselves facing unheard-of obstacles (Alan Grayson reported that the US Trade Representative created an absurd six weeks of dubious delays in his case).
The New York Times reported serious worry in the U.S. Congress about the Trans Pacific Strategic Economic Partnership Agreement (TPP for short), a massive new free trade deal being pushed by the United States with the involvement of 11 other countries on both sides of the Pacific. About 170 Congresspersons have signed on to one or more of three letters which oppose fast track status forthe deal.
The US pharmaceutical industry has been shaping elements of the Obama administration’s secret Trans-Pacific Partnership trade agreement to favor their own profits. But the deal could also could cause the price of prescription drugs and some medical devices to soar on a global scale.
Ten score and thirteen years ago corporate forefathers began conquering wilderness, steam, gas, oil, electricity, transcontinental rails and airways communication, prospering by quenching America’s thirst for more, better, faster. Now we who built it, want more, faster, so thinking locally, we trade globally. Thus unlike you, we will always have money to eat.
President Barack Obama has demanding a ‘trade promotion authority’ from the United States Congress to fast-track the Pacific Rim treaty, the Trans-Pacific Partnership.
The fast-track authority plays a pivotal role in determining the extent to which the United States Congress can engage in a critical review of trade agreements.
Progressive Democrats in Congress are ramping up pressure on the Obama administration to release the text of Trans-Pacific Partnership, a secretive free trade agreement with 10 other nations, amid intensifying controversy over the administration's transparency record and its treatment of classified information.
MoveOn.org Petition - Congress Don't Renew Fast Track
Public Citizen Petition - Congress Must Reject Fast Track Authority
MoveOn.org Petition - Stop the Trans Pacific Partnership
CREDO Petition - Stop the Massive Corporate Power Grab