01.08.2013 - 16:59 [ Techdirt ]

Trade Agreements With Mexico And South Korea Turned Out To Be Disasters For US: So Why Pursue TPP And TAFTA/TTIP?

Two massive trade agreements currently being negotiated — TPP and TAFTA/TTIP — could potentially affect most people on this planet, either directly or indirectly through the knock-on effects. Like all such agreements, they have been justified on the grounds that everyone wins: trade is boosted, prices drop, profits rise and jobs are created. That‘s why it‘s been hard to argue against TPP or TAFTA — after all, who doesn‘t want all those things?