General Discussion
In reply to the discussion: BREAKING: WikiLeaks Leaks TPP Draft!!! [View all]randome
(34,845 posts)Country A can't impose 5000% tariffs and they also can't make an environmental law specifically aimed at protectionism.
As has been pointed out, the U.S. has never lost a case taken to similar tribunals. International trade requires cooperation. I don't think the TPP even addresses monopolies and cartels but I don't think it was ever designed to.
This will help raise environmental and safety regulations in some of the affected countries to be closer to our own, which means fewer sweatshops in the world. The alternative is to let China's 'methods' be the norm.
Could the TPP address more issues and include better protections? No dispute about that. But on balance it's not as scary as some make it out to be.
Hoyt's link to Ezra Klein's analysis is instructive: http://www.vox.com/2015/3/13/8208017/obama-trans-pacific-partnership
He may not be the ultimate authority on any of this but it's an interesting article.
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