Tag Archives: supranational trade pacts

Here We Go Again: Why the Trans-Pacific Partnership Won’t Fix Anything

Current trade agreements are great at creating more billionaires, not so much at protecting the interests of workers.

By . Published 4-13-2018 by YES! Magazine

 

On Thursday, President Trump flipped his position on the Trans-Pacific Partnership trade agreement, suggesting the U.S. might want to rejoin the pact. His announcement sent Wall Street indices shooting upward in jubilation and angered labor leaders. It left China—which has been sorting out how to respond to Trump’s announced steel and aluminum tariffs—even more bewildered as criticism grows of its “Made in China 2025” initiative to dominate the high-technology sector.

Trump’s about-face is especially striking given that exiting the TPP was a crucial plank in his economic agenda on the campaign trail and one of his first acts as president. That pledge played well to the frustrations of people who know the global economy is ripping them off and are understandably angry. Continue reading

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US Government’s Own Report Shows Toxic TPP “Not Worth Passing”

‘This report indicates the TPP will produce almost no benefits, but inflict real harm on so many workers.’

By Deirdre Fulton, staff writer for Common Dreams. Published 5-19-2016

"This report validates that the TPP is not worth passing," said United Steelworkers (USW) International president Leo W. Gerard. (Photo: SumOfUs/cc/flickr)

“This report validates that the TPP is not worth passing,” said United Steelworkers (USW) International president Leo W. Gerard. (Photo: SumOfUs/cc/flickr)

The government’s own assessment of the toxic Trans Pacific Partnership (TPP) shows that the controversial trade deal will produce negligible economic benefits while damaging most Americans’ jobs and wages.

The U.S. International Trade Commission’s (ITC) report (pdf), issued Wednesday, shows that the TPP “would likely have only a small positive effect on U.S. growth,” Reuters reported. Continue reading

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White House Caught Blackmailing EU to Force Them to Import GMO and Hormone-Laden Products

It appears that the Obama administration wants to leave the world with a lasting legacy of multinational corporate hegemony by blackmailing the EU into corporate subservience — all the while undermining state sovereignty through secretive supranational trade pacts.

Written by Jay Syrmopoulos. Published by Free Thought Project on 5-4-16.

"The lines of demarcation in TTIP are between the mutually exclusive interests of transnational big business and people and the planet; if the deal passes, the former wins and the latter lose," writes Mark Dearn. (Photo: Global Justice Now/flickr/cc)

“The lines of demarcation in TTIP are between the mutually exclusive interests of transnational big business and people and the planet; if the deal passes, the former wins and the latter lose,” writes Mark Dearn. (Photo: Global Justice Now/flickr/cc)

(Washington, D.C.) – In a stunning revelation, secret documents reveal the U.S. pressuring the EU to approve the controversial Transatlantic Trade and Investment Partnership (TTIP) trade pact through coercion and threats.

The 240 pages of leaked text from the secretive trade pact reveal the Obama administration threatening to block European automobile imports into the U.S. if the EU continues to refuse U.S. genetically modified products and hormone-treated produce.

The White House made clear the intention to block European car exports into the US to force the roughly 500 million strong EU to buy more environmentally risky US farm produce, according to the German publication Süddeutsche Zeitung, along with two German public television channels.

In an attempt to undermine the extremely secretive negotiations surrounding the trade deal between the U.S. and EU, Greenpeace released the texts, which were then made public by the German publication Süddeutsche Zeitung. The German DPA news agency confirmed the authenticity of the documents.

Effectively, by blocking car exports into the U.S., Obama wanted to force the EU to replace its precautionary consumer safety principle with the liberal U.S. approach of permitting foodstuffs until risks are proven, said ARD network’s channels NDR and WDR.

The EU operates under a principle that goods must first be certified as safe, which has often been cited by them as a means to constrain imports of American gene-manipulated and hormone-treated produce.

The goal behind the U.S. actions is to undermine the strict food safety regime of the EU in an effort to open up new markets for American produced GMO fruits and vegetables, which European regulators feel would potentially erode the health of EU consumers and adversely affect Europe’s agriculture industry overall.

The long-term impact of genetically engineered products remains unknown, as there have been no studies on prolonged and regular/heavy usage of GMO products, as is seen in the average American diet. While there has been a major correlation between the introduction of GMO into the U.S. food system and an epidemic of obesity, cancer, and autoimmune diseases, there are no conclusive studies linking them.

It appears that the Obama administration wants to leave the world with a lasting legacy of multinational corporate hegemony by blackmailing the EU into corporate subservience — all the while undermining state sovereignty through secretive supranational trade pacts.

This article is republished under a free and open use permission from Free Thought Project.

Editorial Comment:
The debate about GMO safety remains hotly contested. The above article states “While there has been a major correlation between the introduction of GMO into the U.S. food system and an epidemic of obesity, cancer, and autoimmune diseases, there are no conclusive studies linking them.” We contend that those who are developing and marketing GMO products also pay lobbyists to prevent these very studies. We did find an opposing point of view, and welcome your additions in the comments section.

 

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