HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Exclusive: Obama Committe... » Reply #20

Response to Purveyor (Original post)

Thu Mar 10, 2016, 07:05 AM

20. Sorry, Barack. TPP is going nowhere. NAFTA and the WTO will govern our trade with those countries

for longer than you might have hoped. All the presidential candidates oppose TPP except for Kasich and Rubio (maybe) who both may be gone by this time next week.

The real question now is what will the next president do. "Renegotiate" again. (The other countries say they won't do that but maybe they will have a change of heart.) Or act unilaterally and withdraw from them. Donald would certainly do the latter (kind of back to the future of the pre-FDR era) so that he would be free to levy tariffs on every country that made him mad. The former is more traditional but is not the 'bold' action that politicians (particularly right wing demagogues) like to brag about.

And if neither renegotiation nor withdrawal happen with the next president, we will have NAFTA and the WTO to complain about for a long time. It won't be the first time. FDR's ITO with its standards on labor rights, business regulation and full employment was shot down by congress leaving us with GATT which became the WTO neither of which had or has those standards.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 24 replies Author Time Post
Purveyor Mar 2016 OP
silvershadow Mar 2016 #1
Baobab Mar 2016 #17
Dont call me Shirley Mar 2016 #2
Angry Dragon Mar 2016 #9
OneCrazyDiamond Mar 2016 #3
Akicita Mar 2016 #11
MisterP Mar 2016 #4
SoapBox Mar 2016 #5
tularetom Mar 2016 #6
FlatBaroque Mar 2016 #7
earthshine Mar 2016 #8
Angry Dragon Mar 2016 #12
Cavallo Mar 2016 #14
Baobab Mar 2016 #18
chapdrum Mar 2016 #10
earthshine Mar 2016 #15
bemildred Mar 2016 #13
Doctor_J Mar 2016 #16
burrowowl Mar 2016 #19
LineNew Reply Sorry, Barack. TPP is going nowhere. NAFTA and the WTO will govern our trade with those countries
pampango Mar 2016 #20
JustABozoOnThisBus Mar 2016 #21
sendero Mar 2016 #22
coyote Mar 2016 #23
pampango Mar 2016 #24
Please login to view edit histories.