- Bringing Back The Tpp In A Bunny Suit And Hoping No One Notices
bringing back the TPP in a bunny suit hoping no one notices
— Carmen Stephiego (@ChateauRuby) November 16, 2017
Trumps “renegotiation” of NAFTA has many provisions of the highly unpopular TPP. https://t.co/ueBExmcQ5X
— petroleum jellybeans (@nunya_binnis) November 15, 2017
A July article by The Nation details how aspects of the Trump administration’s NAFTA renegotiations bear a striking resemblance not just to certain parts of the wildly unpopular TPP, but of the Trade in Services Agreement (TiSA) as well. The goal is plainly deregulation for corporations, the subordination of national sovereignty, a tightening of the screws on intellectual property rights enforcement (to the benefit of Hollywood and the pharmaceutical industry), with very little in the way of any strong benefit for workers.
There are lines about removing “unnecessary differences in regulation” between the US, Canada and Mexico in industrial and agricultural goods, effectively lowering regulations standards toward those of the least-regulated nation. There’s a stated objective by the administration to reject measures that “restrict cross-border data flows,” dropping localization requirements preventing financial services or other countries from transferring personal data outside a host country. The Nation reports that these objectives have privacy advocates alarmed.
“It does appear that the globalists in the administration won this round before NAFTA negotiations even had a chance to begin,” the article concludes.
Key NAFTA talks opened up in Mexico yesterday, and Reuters reports that Canada and Mexico aren’t pleased with how inflexible the US is being in negotiations. We’ll see how it goes, I guess.