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In the Heat of the Pacific Trade Battle

New York Times Original article ›

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Letters to the editor of the NYT cover issues with the Trans Pacific Trade Pact including worker protections, the right of corporations to sue the U.S. and other governments on actions that protect the public interest, and issues raised by past trade pacts.

Issues raised in Letters to the Editor of the NYT and the WSJ on the Trans Pacific Partnership Trade Pact (TPP)

02/27/2014

The issues raised cover worker protections, and also include some that are not frequently mentioned. Including the right granted to large corporations in TPP to sue the U.S. and other governments on issues where the governments have acted in the public interest as it relates to the environment, health, safeguards related to poor industry practices. A letter to WSJ says president Obama is doing this to look like a centrist president for his legacy, and not for free trade. Separately Krugman points to the issue of intellectual property rights enforcement that has the potential of making it harder to provide access to modern medicine to people in developing countries, a serious pitfall. Response to criticism by the Obama administration has generally talked about the merits of free trade which are generally accepted, and not the specific provisions, or the context in which most of the gains in free trade have already been made in the seven decades to 2015 and the remaining gains are much smaller coming with some losses. The global economy now benefits more from investments in infrastructure both in developing and advanced economies, which is why China's Infrastructure Investment Bank has received such wide support, including EU countries and India. The Obama administration has failed to make the case for investment in infrastructure to the American public, at a time when large productivity gains can be made here following about 2 decades of neglect. A similiar situation exists in Germany, and is especially true of Latin American countries which have serious infrastructure problems that reduce economic growth.

Grouped Articles

In the Heat of the Pacific Trade Battle

New York Times 05/22/2015

Trade and Trust

New York Times 05/22/2015

No Big Deal

New York Times 02/27/2014

No Obama Tears for TPA or the TPP

Wall Street Journal 05/22/2015

Obama Presses Currency Compromise in Trade Pact

Wall Street Journal 05/24/2015

Pelosi Rejects Appeals, Hands Obama a Trade Defeat

Wall Street Journal 06/13/2015

U.S. Congressional opposition to giving trade promotion authority to president Obama, and fast track for TPP, other free trade pacts

02/26/2015

Grouped Articles

Lawmakers Introduce ‘Fast Track’ Trade Bill, Triggering Democratic Discord

Wall Street Journal 04/17/2015

TPP: Momentum on Trade Deal Bolsters U.S., Japan Efforts to Counter China

Wall Street Journal 04/17/2015

A Lift for Free Trade

Wall Street Journal 04/17/2015

Deal Reached on Fast-Track Authority for Obama on Trade Accord

New York Times 04/16/2015

Obama Tries Tough Sale of TPP Trade Deal to Fellow Democrats

Wall Street Journal 04/18/2015

Obama Promotes Benefits of Trade Deals to Workers and Smaller Businesses

New York Times 02/26/2015


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