How Will the Proposed TransPacific Partnership Trade Agreement Affect Jobs in the U.S.?
Good afternoon, welcome to The Last call. Iâm Rob Lorei. Coming up weâll talk about a new trade agreement that may have a huge impact on employment in this country. The proposed Trans-Pacific Partnership (TPP), a free trade agreement, is currently being negotiated between the United States, Canada, Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam. It is meant to be a âdocking agreementâ that other Pacific Rim countries including Japan, Korea and China can enter into later. When completed and enacted the TPP would be the largest Free Trade Agreement in U.S. history Backers say it will save millions of American jobs. But opponents warn that it will further the erosion of jobs here in the US- just as previous free trade agreements led to job losses- especially in the Manufacturing sector. Weâre joined now by Lori Wallach director of Public Citizenâs Global Trade Watch - a group that monitors trade agreements. FMIcomments powered by Disqus