Not dead yet—TPP free trade deal could pass in lame duck Congress, US trade rep says
Matthew J. Belvedere
Nov 1, 2016
The Trans-Pacific Partnership — opposed by Donald Trump and Hillary Clinton — will have enough votes for ratification by Congress after the election, U.S. Trade Representative Michael Froman told CNBC on Tuesday.
The 12-nation free trade agreement has been a signature economic objective of President Barack Obama and had initial support from Republicans on Capitol Hill, including House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell.
But support for TPP has cooled since the start of the presidential campaign. Trump has railed against it, calling it the worst deal ever, and Clinton, who pushed it when she was secretary of state, said she can’t support the final deal.
“If they [House and Senate leaders] bring it forward, I think we can get the votes there,” Froman said on “Squawk Box.” “This trade agreement eliminates 18,000 taxes on our exports. And members of Congress are starting to see that.”
Froman also said the agreement has key industries on its side. “We’ve got the widest, broadest support across the economy. The technology companies, manufacturers, services companies, [and] virtually the entire agriculture sector [are] all in favor of this agreement.”
“The textile industry, for the first time in its history, [is] supporting a trade agreement,” he added.
If the U.S. doesn’t set the rules of the road in the global economy, China will, he warned. “They are going to move ahead and get access to these markets at our expense. Our market share is actually going to decline in some of these fast-growing, large markets.”
China is not part of TPP. In addition to the United States, the signatories are Japan, Malaysia, Vietnam, Singapore, Brunei, Australia, New Zealand, Canada, Mexico, Chile and Peru. The agreement aims to open up key markets, including those in the Asia-Pacific region.
“Trade agreements … [are] how we shape the global economy and make sure that we have level playing field to compete,” Froman said.
It simply defies understanding how the liberal mind works. Are they in an alternate reality? Level playing field my arse. How is it a level playing field that any and every Tom, Dick, or Dumbo can sue our country in international court over possible claims? How is it possible that we would have to allow the UN International Court System to override our constitution and bilk our country of astronomical amounts of funds when we have no real recourse to object? How can it be okay that our national interests become subservient to ANY but particularly a NWO organization?
I find this guy to be an idiot, just saying. The only reason I think he is speaking in such glowing terms is that he has skin in the game and is hoping through some backroom deal to make his fortune at the expense of the US.
Don’t forget that China has been super busy building islands on reefs in the Pacific to take over the shipping lanes. Or that the Philippines is now calling for the US to remove its bases of operations on their islands within two years.
Trump is right. The idiots sent to negotiate this deal (including Hillary Clinton) are too busy building their own personal accounts to care about how the people of our country will act or be acted upon by outside interests.
How in the world can any of the countries involved accept the signature of some lameduck president who won’t be in office long enough to see the next phase started. Besides which both Clinton and Trump have come out opposed to at least parts of the deal as it stands now. American citizens lose rights, lose jobs, and lose in the national security field from the current TPP as written. In addition, the UN strengthens its global position as does China which leaves the US in double jeopardy.
Yet another problem looming on the horizon thanks to those idiots that voted Obama in not once but twice.