World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Why Trade Critics Are Getting Traction
Keywords:
Trans-Pacific Partnership Trade Agreement- winners and losers
04/07/2011
A study by Prof. Petri of Brandeis University, shows economic output going up by 0.4% by 2025 or $77 billion for the U.S. as a result of the TPP agreement. Biologic drugs, with long term patent protection, software engineering services, high tech industry are the winners, losers are the Detroit auto industry facing higher imports, light manufacturing in textiles and paper, and some heavy manufacturing sectors. Douglas Irwin of Datmouth and other experts say it is not clear how much of the benefit will affect consumers and businesses in the U.S. Most of the tariff cut gains are already made and import duties as a percentage of total imports are down to 1.4% today. Experts say 4/5th of the benefits for the U.S. are not from tariff cuts but from new rules for trade in services, and new rules for investment and commerce. The agreement brings together Pacific area countries, including Canada, Australia, New Zealand, Chile, and Japan, Malaysia, Singapore and Vietnam. Agriculture is protected in Canada especially in Quebec, and in Japan, which means tough negotiations to open up this sector. Politically the TPP is a response by the U.S. and Japan to the Infrastructure Investment Bank set up by China with support from Europe and India.
Grouped Articles
Pacific Trade Deal Likely to Have Narrow Reach
Wall Street Journal 08/01/2015
Auto-Parts Dispute Taps the Brakes on Pacific Trade Deal
Wall Street Journal 09/04/2015
Why You May Soon See More Goods Labeled ‘Made in Vietnam’
Wall Street Journal 10/19/2015
Utah Senator, Crucial Ally for the Pacific Rim Trade Deal, Is Now Its Main Hurdle
New York Times 11/12/2015
McConnell warns that trade deal can’t pass Congress before 2016 elections - The Washington Post
Washington Post 12/11/2015
Trans-Pacific Trade Pact Would Lift U.S. Incomes, but Not Jobs Overall, Study Says
New York Times 01/25/2016
The Trans Pacific Trade Agreement and trade issues dominating midwestern primaries in Michigan, Ohio and Illinois- loss of manufacturing jobs and Hillary Clinton's response
03/09/2016
Hillary Clinton puts more focus on loss of manufacturing jobs and opposition to trade agreements that hurts American workers following her narrow loss to Sanders in the Michigan primary of March 2016. Three fifths of Democratic voters in the Michigan primary saw this as a major issue, especially younger less educated workers who see their job prospects diminish and wages drop. Hillary Clinton has opposed the Trans Pacific Trade Agreement, yet supported this trade policy as part of the Obama administration. She was attacked on this same issue of trade during the primaries against Obama in 2008, at that time for support of Bill Clinton's NAFTA agreement with Mexico.
Grouped Articles
After Michigan Loss, Hillary Clinton Sharpens Message on Jobs and Trade
New York Times 03/09/2016
Trade and Jobs Key to Victory for Bernie Sanders
New York Times 03/09/2016
In Ohio, John Boehner’s GOP Legacy Crumbles With the Rise of Donald Trump
Wall Street Journal 03/11/2016
Simmering for Decades, Anger About Trade Boils Over in ’16 Election
New York Times 03/29/2016
Why Trade Critics Are Getting Traction
Wall Street Journal 03/30/2016
Barack Obama Endorses Hillary Clinton for President
WSJ 06/10/2016
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
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
Changes to TPP and fast track trade legislation by the Obama administration to accomodate critics
05/24/2015
Grouped Articles
Obama Presses Currency Compromise in Trade Pact
Wall Street Journal 05/24/2015
Senate Passes Fast-Track Trade Legislation
Wall Street Journal 05/24/2015
Pelosi Rejects Appeals, Hands Obama a Trade Defeat
Wall Street Journal 06/13/2015
House Rejects Trade Measure, Rebuffing Obama’s Dramatic Appeal
New York Times 06/12/2015
Senate Clears Trade Bill’s Way to Passage
Wall Street Journal 06/24/2015
U.S. Chamber of Commerce Works Globally to Fight Antismoking Measures
New York Times 06/30/2015
The U.S. sponsored Trans Pacific Partnership (TPP)
02/05/2011
Grouped Articles
'Three Amigos' Outline Trade Goals at Talks
Wall Street Journal 02/20/2014
In Mexico Meeting, a Show of Friendship With Few Results on Immigration and Trade
New York Times 02/19/2014
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
Wall Street Journal 04/17/2015
Obama Tries Tough Sale of TPP Trade Deal to Fellow Democrats
Wall Street Journal 04/18/2015
NAFTA, Trans Pacific Trade Agreement, and free trade- shifting sentiment of the working class in America against trade that leads to loss of manufacturing jobs
03/09/2016
The sentiment against loss of manufacturing jobs as a result of trade agreements and free trade is strongest in midwestern states such as Michigan, Ohio, Illinois, which have seen the loss of manufacturing jobs hurt their economy. Especially hurt are younger less educated workers who see their job prospects diminish and wages drop. Bernie Sanders narrowly won the Michigan primary against Hillary Clinton by bringing up this issue in a barrage of ads.
Grouped Articles
After Michigan Loss, Hillary Clinton Sharpens Message on Jobs and Trade
New York Times 03/09/2016
Trade and Jobs Key to Victory for Bernie Sanders
New York Times 03/09/2016
Simmering for Decades, Anger About Trade Boils Over in ’16 Election
New York Times 03/29/2016
Why Trade Critics Are Getting Traction
Wall Street Journal 03/30/2016
Donald Trump Lays Out Protectionist Views in Trade Speech
WSJ 06/28/2016
Bernie Sanders: Democrats Need to Wake Up
The New York Times 06/28/2016
How teachers, firefighters and service workers union joined the opposition to the TPP and granting fast track trade authority in 2015, and why
06/12/2015
Firefighters and other service workers unions actively campaigned against the trade bills in Congress for the first time in 2015. The public sector unions now see how the closing of American factories, the decline in neighborhoods near plants, affects the demand for public services and the ability of cities and municipalities to pay for the public services. The decline in wages for industrial workers creates a negative perception for the higher wages in the public sector, reducing support from struggling industrial workers. The drastic drop in factory wages with globalization and the shrinking revenues of cities as incomes decline, is leading to a realization in labor that workers are affected in many ways by seemingly unrelated developments in trade and globalization. Another development is the expert information that shows the need for investment in infrastructure in the poorer countries of Latin America, and in the U.S., which would provide significant benefits. The benefits from trade tariff reduction are now small, as most of the benefits were achieved through earlier action in trade.
Grouped Articles
Labor’s Might Seen in Failure of Trade Deal as Unions Allied to Thwart It
New York Times 06/13/2015
Washington Dysfunction, With a Twist: Democrats Desert Their President
New York Times 06/12/2015
Unions Declare Partial Victory Against Obama’s Pacific Trade Deal
Wall Street Journal 06/15/2015
Washington Post 10/23/2015
McConnell warns that trade deal can’t pass Congress before 2016 elections - The Washington Post
Washington Post 12/11/2015
Trans-Pacific Trade Pact Would Lift U.S. Incomes, but Not Jobs Overall, Study Says
New York Times 01/25/2016
Krugman on free trade and the Trans Pacific Partnership Trade Pact (TPP)
02/27/2014
Grouped Articles
In the Heat of the Pacific Trade Battle
New York Times 05/22/2015
New York Times 05/22/2015
New York Times 02/27/2014
After Michigan Loss, Hillary Clinton Sharpens Message on Jobs and Trade
New York Times 03/09/2016
Free Trade Loses Political Favor
Wall Street Journal 03/10/2016
New York Times 03/11/2016
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us