Final version of Trans-Pacific trade deal released, rules pushed by U.S. on ice

[DonViejo]

Source: Reuters




FEBRUARY 20, 2018 / 11:00 PM / UPDATED AN HOUR AGO

Charlotte Greenfield, Colin Packham

WELLINGTON/SYDNEY (Reuters) - The final version of a landmark deal aimed at cutting trade barriers in some of the Asia-Pacific’s fastest-growing economies was released on Wednesday, signaling the pact was a step closer to reality even without its star member the United States.

More than 20 provisions have been suspended or changed in the final text ahead of the deal’s official signing in March, including rules around intellectual property originally included at the behest of Washington.

The original 12-member deal was thrown into limbo early last year when U.S. President Donald Trump withdrew from the agreement to prioritize protecting U.S. jobs.

The 11 remaining nations, led by Japan, finalized a revised trade pact in January, called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). It is expected to be signed in Chile on March 8.





Read more: https://www.reuters.com/article/us-trade-tpp/final-version-of-trans-pacific-trade-deal-released-rules-pushed-by-u-s-on-ice-idUSKCN1G50AP

[yallerdawg]

1. CPTPP.

"TPP without us."

The 11 member countries are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

10 years down the drain. A further diminishment of the United States on the world stage.

Putin doesn't need Russian trolls. He's got one in the White House.

[not fooled]

7. Here you are

From President Obama to.... this.....


[link:|]

[aggiesal]

9. This is not something the US should be involved with ...

This will strip every countries sovereignty by removing our
laws and courts and placing them in the hands of corporations.

For example, when we pass a law like only dolphin free tuna can be
sold in the US, a country like Mexico could sue in the corporate court
and claim that law is too restrictive for a Mexican corporations to make
money. The corporate court would rule in their favor and that law disappears.

In fact, it's already happened based on NAFTA, which the TTP is modeled
after, except this applies to the Asian-Pacific countries.

https://www.reuters.com/article/us-usa-mexico-tuna/wto-rules-against-u-s-dolphin-safe-canned-tuna-labels-idUSKBN0N51IW20150414

The TPP is euphemistically known as S.H.A.F.T.A
Southern Hemisphere Asian Free Trade Agreement

[yallerdawg]

11. It's dead.

Obama was wrong.

The jackass won.

Settled. Congratulations.

[aggiesal]

12. I'm no fan of the Jacka$$ in the WH ...

But, I didn't agree with Obama on this issue.
Talk about world facisim, this is it.
All the Free Trade deals done recently strip sovereignty from every country participating.

We pass laws for better car emissions, UK, Germany or Japan will sue us to get rid
of these better environment laws and win. All because corporations in those countries
can't make as much money.

The Transatlantic Trade and Investment Partnership (TTIP) (i.e. US and EU Free Trade Agreement)
is also tailored after NAFTA. Except the Europeans are having a difficult time getting
that passed, because European citizens are better informed about this agreement and protests
appear all the time against it.
https://www.theguardian.com/business/2016/sep/17/ttip-protests-see-crowds-take-to-streets-of-seven-german-cities

[yallerdawg]

17. I debated this with DU'ers for a year and more.

"World fascism."

Obama?

Enjoy.

[aggiesal]

18. When the courts are run by corporations? ...

What would you call it?

[yallerdawg]

19. I'd call that rhetorical hyperbole!

[Cha]

28. +1!

[djacq]

2. Watch China take the lead on the world economic stage

[hueymahl]

3. There was a lot of push-back on this very site toward the CPTPP

MANY thought we were giving away too much and harming our ability to protect unions and the environment. Would love to hear from some of those folks - I really don't know enough about it to give a reasoned opinion.

[turbinetree]

4. I was one of those union members that was against the TPP, based on the simple fact of outsourcing

aircraft maintenance to third party entities in foreign countries under American Flag carriers.

Based on the FAA rules (43.13) at that time and have not be revised, you can have one person that "must" be able to read and understand the English language and have a federal license to sign -off all maintenance being performed under the regulations in a foreign country, and they can have 30 to 40 people not having the FAA license to work on planes, they can have repairman certificate,or nothing at all, just experience (18 months), but the supervisor with the license signs off the airworthiness of the aircraft, that is wrong.

I can give you carrier after carrier that is outsourcing the maintenance to countries in Mexico (Southwest), Delta (China) United (Brazil), American workers that spent a lot of money to get the training, 1920 hours in school or in the military are being laid off.

It cost me $5,000 in 1984 to get my FAA A&P ratings, now it cost over $75,000, and every time I signed off the log book, I was authorizing that I had followed every procedure from the manufacturer and the FAA to make that plane safe, and if it was falsified, that document, the log book, and something were to happen to cause the deaths of the crew and passengers, I could and FAA mechanics have been charged with murder.


https://www.vanityfair.com/news/2015/11/airplane-maintenance-disturbing-truth



So, I take TPP and NAFTA, for what it and they were toilet paper, both past and present form, not one labor (union) representative were allowed at the table, yesterday and today

[hueymahl]

5. Thanks. That is scary stuff. NT

[mountain grammy]

6. My husband and I are both retired

from aircraft maintenance..He was an A&P Mechanic and I was a maintenance planner/scheduler..

Back in the 80's and 90's, airlines started to use large mantenance facilities based in the south. We sent aircraft to Smyrna, Ga, where the mechanics made a fraction of what they made elsewhere, but at least many were A&P mechanics. Don't know if that's still the case, but a quick google search showed me it's still a large maintenance hub.

The International Association of Machinists fought contracted maintenance and lost.

Edited to add..still the safest way to travel, but due to the actual integrety of the aircraft itself and the abundance of safety features.

[turbinetree]

16. I might know you both, use to work in Colorado

and then went east......................

[mountain grammy]

20. Aspen Airways? Frontier?

[Weed Man]

21. Which Frontier? Old version or the new version.

I remember flying the old Frontier with the wavy F logo to Las Vegas with my parents.

Now, Frontier has become an airline, even hometown, I try to avoid. They are really no frills. Southwest is much better than them.

[mountain grammy]

22. Old frontier

I went to work for them in 1984.

[turbinetree]

24. Went to Colorado Aero Tech in Cheyenne in 1984, got my 1920 hrs of training,

which was being run by Frontier, then went west for three and half years, and ended up back into Stapleton International Airport, then headed east......................

[mountain grammy]

25. My husband also went to Colorado Aero Tech

But that was 1973 after the Army. His first job was with Boeing in KS then to Aspen Airways in Denver. I was working in Houston for Metro Airlines and came to Denver in 84 to work for Frontier..seems like a million years ago.

[Yavin4]

23. The companies that we work for depend heavily on global sales

Carrier is relocating to Mexico because they have to compete globally with Korean and Chinese manufacturers. You cannot isolate yourself economically from the world and live a middle class lifestyle.

[turbinetree]

26. "Free Trade"

http://prospect.org/article/we-need-alexander-hamilton



November 2018 cannot get fast enough

[Blue_Tires]

8. While it got nowhere near the publicity,

Julian Assange singlehandedly kneecapping the TPP by playing the left for useful idiots was probably more difficult to pull off than the election...

[GulfCoast66]

10. Nationalism on all sides of the political spectrum cane together to kill TPP

And we will paying the price for our collective lack of vision and surrendering to fear for decades.

Think about this...many leftists and DU members agree with Donald Trump and against President Obama on the TPP. I personally will go with President Obama in that match up.

[David__77]

13. Clinton and Trump both opposed TPP.

I don’t think it was just leftists who joined Trump in opposing TPP.

[GulfCoast66]

14. Please read the first sentence of my post...

Obviously not only leftist killed the bill.

But it was nationalist yearning from both sides of the political spectrum that lead the charge.

President Obama was above the fear and nationalism and had a clear eyed view that it was in our best interest.

And current events see open minded Canada taking a leadership role and the US will be left out, much to our regret.

[4now]

15. We should be so proud

[pampango]

27. FDR had the right idea. Promote trade with a global, high-standards, enforceable trade

organization. He saw what came out of the protectionist, nationalist 1920's and early 1930's. Of course, he believed in strong unions, progressive taxes and effective regulation. And in the 1930's he lowered tariffs to promote trade.

In the post-war world his International Trade Organization was intended to promote trade (which was good for global peace and prosperity in his eyes) while enforcing business regulation and strong unions on participating countries. By the time the ITO was signed in 1947, FDR was dead, republicans controlled congress and the idea that an 'exceptionalist' America should trade some national sovereignty for global strong unions and effective corporate regulation had died with FDR.