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Fred Sanders

(23,946 posts)
Tue Jan 6, 2015, 08:20 AM Jan 2015

TPP is a small part of trade and technology negotiations now happening.

Is Obama preparing to massively sell out the middle class and working folks? Has he been lying at every turn about his commitment to us all?


"Republicans and President Barack Obama are both eager to act on a massive Asia-Pacific deal, an even bigger agreement with the European Union and legislation that would fast-track their approval by Congress — all of which have a shot of moving next year.

The Trans-Pacific Partnership agreement, which would cover about 40 percent of the world’s gross domestic product and about a third of global trade, is expected to get a huge boost from the GOP takeover of the Senate, with Republicans eager to pass legislation that would expedite congressional approval of that and several other pacts.

But the trade promotion authority legislation, which would allow Obama to send the agreement to lawmakers for an up-or-down vote with no amendments, could also serve as a legislative vehicle for a slew of other trade bills that have been waiting in the wings, including measures to renew tariff cuts for developing nations, sub-Saharan Africa and U.S. manufacturers, and to reauthorize the Export-Import Bank."

.....

"The United States is also expected to finish negotiations on major expansion of an Information Technology Agreement with nearly 80 countries that account for about 90 percent of world technology trade. The deal, which would eliminate duties on a long list of tech products, came within a hair’s breadth of concluding this month, but talks broke down after China refused to meet other countries’ demands for concessions on what goods to make duty-free.

The White House will also press forward with the Transatlantic Trade and Investment Partnership between the U.S. and the 28-nation European Union, a deal even bigger than the TPP, with European Union leaders earlier this month calling for the talks to finish up by the end of 2015.

If all of that isn’t enough, the U.S. is also pushing a new Environmental Goods Agreement with 13 other members of the World Trade Organization — including China and the EU — that compose about 86 percent of global trade. Talks on a new global services agreement and a bilateral investment treaty with China also will proceed."

................

Wow, that is a lot of betrayal.........


Read more: http://www.politico.com/story/2015/01/trade-outlook-2015-113793.html#ixzz3O2joXO7P






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