General Discussion
In reply to the discussion: Korten: A Trade Rule That Makes it Illegal to Buy Local? [View all]okaawhatever
(9,572 posts)with each other will become much easier and isolate China or force it to comply. We can't stop people from trading with China or India but we can make it easier and more fair to trade with anyone but them. That is pretty much what the TPP will do.
I'f China and India want to join the TPP they are going to have to play by the rules the rest of us do, namely patent and intellectual property rights, labor protection and environmental protections. China will likely get tripped up by transparency requirements and the rule barring government owned businesses from being subsidized by the government.
True our hands are tied, they have always been. TPP doesn't change that, but the answer isn't for us to compete on China's level (do you want to work for $5 a day?) its to force China to compete on our level. That is what the TPP is attempting.