Dr. Charles Hankla discusses threat to Tran Pacific Partnership (TPP)
At 5:00 am on October 5, after several all-night sessions ensconced in the Peachtree Plaza Hotel in Atlanta, trade negotiators from the United States, Canada, Australia, Japan and eight other Pacific Rim economies announced the completion of the Trans-Pacific Partnership (TPP).
This agreement, in the works since at least 2009, creates a free trade zone among the dozen nations and harmonizes regulations and rules in a variety of areas. It has also attracted significant criticism among those who see it as a giveaway to corporate interests or a vehicle eroding national sovereignty.
The leading presidential candidates of both parties – Hillary Clinton and Donald Trump – have denounced the deal, raising concerns that it could be held up in Congress despite the passage of “fast-track.”
Now that the ink has dried a little bit and new battle lines have been drawn, it’s worth taking a closer look at what this deal really means and what challenges remain.
Dr. Charles Hankla
Associate Professor of Political Science
Georgia State University