Democrats in the U.S. Senate were able to successfully block the trade promotion authority "fast track" bill using a filibuster today. This is a very big setback for the pro-TPP forces, but is not a final defeat.
America is in an abusive relationship with trade-obsessed politicians and corporations. Trade has killed U.S. factories, jobs and communities. No more fast-tracking abusive trade deals.
On Friday, President Obama chose Nike headquarters in Oregon to deliver a defense of the Trans-Pacific Partnership. It was an odd choice of venue. Nike isn’t the solution to the problem of stagnant wages in America. Nike is the problem.
Nike manufactures in Vietnam, and profits from Vietnamese workers being paid little and having few rights. If what the President says is true, then why would Nike be for it?
Sen. Bernie Sanders stands alone in his single-minded focus on the economy. His blunt talk on jobs, rising inequality, and the erosion of the middle class will force many White House hopefuls to address topics they would rather avoid.
In Nike, a company that grew by outsourcing jobs to overseas sweatshops, President Obama may well have found the perfect place to promote yet another job-destroying, billionaire-enriching trade deal.
Economist Jared Bernstein disagrees with the administration's decision to not address currency manipulation in the Trans-Pacific Partnership agreement being negotiated with 11 other trading partners.
A few recent stories make President Obama look like a candidate about to jump into the Republican presidential primaries, using trade as his issue.
The March trade numbers show that our economy can create a lot of jobs. But thanks to our trade policies, we created them somewhere else. It's time to change our trade policies so they work for We the People.
Fast track is expected to come to the floor of the Senate soon for debate and then a vote – possibly even this week. Democratic Presidential candidate Hillary Clinton so far remains silent on the issue.
With the economic benefits of the trade deal admittedly limited, its supporters have increasingly peddled it as an answer to the threat that China will write the rules of the Asian markets. Don't believe the hype.
There is a direct relationship between our enormous, humongous and ongoing trade deficit and the lack of jobs, blight and desperation that is so visible in cities like Baltimore.
With fast track, We the People of the United States of America don't get to know what's in TPP until some time after Congress pre-approves it.
Republicans in Congress can read polls and letters from their constituents as well as Democrats. They are starting to realize that it might not be wise to rubber-stamp a fast track for the Trans-Pacific Partnership.
Corporations get a special channel for submitting claims and getting enforcement of the words that appear in the Trans-Pacific Partnership. Labor, environmentalists and other "stakeholders" don't get that.
The list is part of a letter the organization sent to Congress urging members to oppose the fast-track bill sponsored by Rep. Paul Ryan (R-Wis.) and Sens. Orrin Hatch (R-Utah) and Ron Wyden (D-Ore.).
Obama unleashed the furies in the debate over the Trans-Pacific Partnership by calling out Sen. Elizabeth Warren by name and scorning his opposition. That puts more pressure on Hillary to take a stand.
President Obama said that people who have concerns about Fast Track and TPP “don’t know what they’re talking about,” and compared them to conservatives like Sarah Palin talking about "death panels."
Sander Levin's "right track" bill was a path to doing at least some good for labor and others through passage of authorizing legislation for the Trans-Pacific Partnership. But it was quickly shut down.
There was a big rally in Washington on Monday to denounce the Trade Promotion Authority and the Trans-Pacific Partnership (TPP) trade deal that "fast track" will push through Congress.
"Past trade deals haven't always lived up to the hype." So Congress and the public need as much time as it takes to evaluate TPP, and must be allowed to fix problems that might turn up in that time.
Fast track effectively pre-approves secretive trade agreements like the Trans-Pacific Partnership (TPP) before the Congress and the public have a chance read, analyze and thoroughly consider their ramifications.
Ohio gets it about "NAFTA-style" trade deals. Fast Track and the Trans-Pacific Partnership (TPP) are coming for the rest of Ohio's jobs and Ohio is fighting back. Will Hillary Clinton join the fight?
Any day now the fast track bill will be introduced in the Senate. Fast track is, in essence, congressional preapproval of the Trans-Pacific Partnership trade agreement.
Very soon Congress is expected to begin consideration of a Trade Promotion Authority (“fast track”) bill. There will be a “Week of Action Against Fast Tracking Trade Deals” that will kick off Wednesday, April 15.
The Trans-Pacific Partnership and the rigged “fast track” process are a new "third rail" to "the base." Progressive leaders are working to warn Hillary Clinton off from grabbing that new third rail.
Everyone gets that past "free" trade deals rigged the rules against working people. Stopping new trade deals from making things worse is one part of the populist movement rebelling against extreme economic inequality.
Everyone who testified at a Congressional hearing on the state of steel fingered bad trade as the culprit in the current collapse. As it is now, trade rules require Americans to forfeit a pound of flesh before trade enforcement can occur.
The Seattle City Council unanimously passed a resolution opposing Fast Track and expressing strong concern about the upcoming Trans-Pacific Partnership (TPP).
The American steel industry is getting hammered, and not by American-made Kentucky Bourbon. Steel companies are laying off, and closing plants due to low-cost foreign imports.
The New York Times story on the contents of a leaked chapter of the TPP showed that it’s as bad as many of us feared: It would let firms "sue" governments for loss of "expected future profits." Let that sink in.
Reports say the idea is to “sharpen differences” among liberals and blacks. This naturally leaves progressives asking if it is really “progressive” to try to divide “liberals” and “blacks?”
A New York Times op-ed calls for killing the Export-Import Bank because it helps American companies compete globally. A Times story reports that the anti-government Koch brothers network is behind the campaign.
Seattle's city council is preparing to vote on a resolution opposing fast track trade authority, and a number of organizations sent an open letter spelling out what an acceptable fast-track process would do.
Another reason to oppose fast-tracking the Trans-Pacific Partnership: The struggle in towns like Ferguson, Mo., to overcome racial and economic barriers is hard enough without another wrong-headed trade pact.
The title of the segment was “TPP Tradenado” and the topic was trade, the Trans-Pacific Partnership (TPP), fast-track trade authority and a new AstroTurf campaign supposedly from "progressives."
The AFL-CIO president's speech before the Peterson Institute of International Economics detailed his concerns regarding the Trans-Pacific Partnership and fast-track trade promotion authority legislation.
While the Trans-Pacific Partnership is still secret, leaks and precedent indicate that it will contain provisions allowing giant, multinational corporations to bypass our country’s legal system.
Krugman takes on the old trope that “protectionism” — democracies using tariffs to protect wages and regulations from being undermined by the lower costs that a thugocracy offers — harms the world’s economy.