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Trump: US to Quit TPP Trade Deal on First Day in Office

truthatallcost

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"The TPP is a massive, controversial, pro-corporate "free trade" agreement among the United States and 11 other countries – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam."
Trans-Pacific Partnership

Both Obama and Hillary Clinton supported TPP, another generous give away to their corporate masters. Yet Trump is determined to end it. Is he looking to make good on a campaign promise?

Thoughts?
Comments?
 

After the global rebellion against the elite we have seen in the last year there is almost zero chance that TPP should move forwards.
 

I can get behind this 100%. **** the TPP.
 

This is going to outrage the liberals: because if Trump is against it they're gonna be for it!
 
This is going to outrage the liberals: because if Trump is against it they're gonna be for it!

More than likely, this thread will float into the abyss because there's no rage here for anti Trump thumpers.
 
After the global rebellion against the elite we have seen in the last year there is almost zero chance that TPP should move forwards.

Several people on DP have accused Trump of being more in bed with the establishment than Clinton would have been. This news will break a few hearts.
 
I'm all for it. I think there can be cross partisan support for getting rid of the TPP (particularly the ISDS clauses)

It's a free trade agreement so I'll be interested to see what libertarians support this.
 
Being against TPP is a good thing. I think the fact that Obama pushed it so hard will make it much easier for the Republican congress to be against it alongside Trump. I don't believe for a second Republicans have a legitimate problem with it beyond it being Obama's deal. If Trump can successfully stop the TPP and invest a bunch of money into infrastructure it would be a damn good start.
 

It's too bad.

This hysterical backlash to free trade is generally going to hurt our, as well as other economies.

Of course corporations do well in the TPP! They are the ones bringing in the most money from international trade. But corporations employ lots of people and contribute to our GDP.

The winner here is China, who wasn't part of the TPP and now will get more freedom to monopolize markets all over the Pacific.
 
I don't believe free trade is the devil, but for decades it has had a massive negative effect on the working class and politicians have ignored it. It is a wake up call. If the U.S. wants to gain with free trade it needs to look out for those that are likely to be negatively impacted by it and create effective programs to retrain those people. I agree we will lose some ground to China and not reap the benefits of increased GDP.
 
I'm all for it. I think there can be cross partisan support for getting rid of the TPP (particularly the ISDS clauses)

It's a free trade agreement so I'll be interested to see what libertarians support this.

Are you interested in what Bernie Sanders thinks about TPP?

Sanders goes on to compare TPP to NAFTA, CAFTA, and PNTR with China, all trade agreements signed by Bill Clinton & Curious George Bush.
 
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Several people on DP have accused Trump of being more in bed with the establishment than Clinton would have been. This news will break a few hearts.

Have you seen all these people here there and everywhere who are shocked to find Trump STILL refusing to conform, STILL going about his day doing what he thinks is best??

Make that coffee very very strong SIR.

THis wake up call is going to take some work.
 
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This is going to outrage the liberals: because if Trump is against it they're gonna be for it!

Unequal trade agreements cost both sides in the long-term. A trade agreement with Japan, Australia, Canada, and Singapore...I could live with such agreements with developed economies if it means a "win-win". But Malaysia? Chile? Mexico? Brunei? Vietnam? Peru? Trying to send out even more jobs???
 


"The winner here is China, who wasn't part of the TPP" The TPP was engineered as a trade weapon against China. Weapons should be confined to hot wars and trade wars are paradoxical. The USA is attempting to control World economies by any means. Does "Full Spectrum Dominance" trigger any synapses? I hope the nonsense stops with Trump. The greater World needs a friend and the USA has not filled the bill.
 

How do you feel about price gouging in the pharmaceutical industry? Wanna pay 100 bucks a pill for antibiotics?

TPP and Access to Affordable Medicines
 

Personally I think Obama wanted the TPP so badly not as an economic move but a strategic move, as part of his "South Asia pivot." Just look at all the nations in SE Asia that would be in it.

Still, a broken clock is right twice a day, and I am not in favor of the TPP.
 

And just like all the garbage coming out of Washington these days, TPP was loaded with extra benefits that have nothing to do with increasing productivity.

TPP and Access to Affordable Medicines

Why did Obama and Clinton think this was OK?
 
Personally I think Obama wanted the TPP so badly because he hates all American from all walks of life except his corporate donors. If he could find a way to legalize harvesting people's organs against their will, he would.
 
How do you feel about price gouging in the pharmaceutical industry? Wanna pay 100 bucks a pill for antibiotics?


TPP and Access to Affordable Medicines

I've already said I don't want the TPP to pass. That is one of the reasons. Trade deals do increase GDP and position us better globally, but they also hurt a lot of people particularly those without college degrees.
 
Personally I think Obama wanted the TPP so badly because he hates all American from all walks of life except his corporate donors. If he could find a way to legalize harvesting people's organs against their will, he would.
:lamo
 

It's not a trade war. It's a trade agreement, meant to solidify trade with other nations so China doesn't overwhelm them.
 
And just like all the garbage coming out of Washington these days, TPP was loaded with extra benefits that have nothing to do with increasing productivity.


TPP and Access to Affordable Medicines

Why did Obama and Clinton think this was OK?

Well, several nations do not hold to patent protections that are found in the US. This ensures they will. IP is not something respected by all nations.

Longer patent lives are not necessarily a bad thing- there is a good argument that extending patents will both stimulate innovation and increase competition for innovative therapies.

I'm working on a drug right now that has amazing potential- but our investment in future-potentially lifesaving trials- won't happen, since the patent expires in 2024 and it's not worth sinking hundreds of millions into risky trials that will give us a couple years of exclusive use.

Which means you lose, if you could have benefited from the drug for that unstudied condition.

Trade is complicated.
 
That's a very good point!

Excellent, buddy!
 

Trump says lots of things, will wait to see what he actually does and does not do, words are cheap.
 
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