Trans-Pacific Partnership - Trending Images

TPP

$TPP= NAFTA on Steroids President Obama says: "Don't fight the last war" on trade. We keep saying: "Don't copy the last deal." NAFTA Terms Replicated in L TPP Ban on Buy American Service sector rules Ihat that promote ofshoring procurement preferences Difference: The TPP version isDifference: Billions of our tax promote offshoring and broader, providing protections todollars would be offshored, with more forms of investment if it is Difference: The TPP also requires free transfer of data and relocated to a TPP country from the U.S. The TPP also includes firms located in any TPP country given the same access to U.S. government contracts as offshoring-friendly Vietnam, where minimum wages are a fraction of those paid in China,procurement market is 10 times meaning new incentives to offshore call centers, back office operations, accounting engineering, and the like s, with little in return. The U.S.federal independent unions are banned, the size of all of the new TPP procurement markets combined. And, new Buy Local programs would also be banned and widespread use of forced and child labor has been cited by the U.S. Department of Labor US protection for medicines, which raise consumer Limits on food safety standards & inspections Difference: In the TPP these on Difference: The TPP comes after the global financial crisis that demonstrated why the 1990s- style hyper-deregulation requiredPhRMA goodies that will raise by trade pact rules is a bad idea. And, the TPP includes countries prices Difference: The TPP has new enforcement provisions. The TPP also includes major seafood exporters like Vietnam that have consumer drug prices even more-new-use patents required been repeatedly cited by the that have actually used capital and other patent ever-greening FDA for exporting seafood with tricks, data exclusivity for high levels of contaminants. controls to avoid past crises, but would be barred from continuing extensions for approval delays Ineffective labor and Investor-state tribunals can go to While the TPP has these rules in the core text of the agreement, versus NAFTA's side agreements, the U.S Government Accountability Office just published a report showing that the so-called improved May 2007 labor standards that the Democrats forced President Bush to include in various pacts are not working to actually improve conditions on the ground in countries where they are in effect. Meanwhile the May 2007 environmental standards have been trumped by rules empowering foreign corporations to challenge government requirements to mitigate pollution, including clean up of a toxics-spewing foreign tribunals staffed by to demand laxpayer meet the same U.S. firms that they claim undermine their investor rights. There is now an epidemic of these cases. Eli Lilly is attacking keeps drug prices low. Chevron is attacking an order to clean up massive oil pollution in the . Vattenfall is attacking Germany over its phase-out of nuclear power. Lone Pine is attacking a Canadian fracking moratorium. The Economist Cato Institute, and other "free traders" have come out against this attack on the rule of law New in TPP NAFTA-plus New rights for Big PhRMA to altack Medicare cost saving policies Copyright protections Corporate rules for Internet backdoor SOPA/ACTA Extreme new rules on IPS iability and other aspects of the extreme agenda of the "content mega-corporations thot threatens Internet freedom These terms would affect Net Rules favored by pharmaceutical Neutrality and undermine data corporations would undermine the U.S. government's ability to negotiate or mandate lower drug prices for taxpayer-funded programs, such as Medicare Medicaid and veterans' and military health programs.$