The future of the Trans-Pacific Partnership (TPP) is at the centre of a diplomatic row between the United States and Australia over trade deals with Latin American countries.
The US-Australian trade deal, the Transatlantic Trade and Investment Partnership (TTIP), is due to be signed by the end of the year.
But the Obama administration is now refusing to sign a final version of the deal.
The TPP is a free trade agreement between the US and 13 other Pacific Rim countries.
It is aimed at creating a market-based global agreement, a move that is opposed by the United Nations, and by many European countries.
“The US wants to impose new restrictions on US trade with Latin America, including those that would reduce its access to markets, increase its influence in those markets, and reduce its ability to dictate its own rules,” said economist and journalist Cristina Bocchioli.
“It is also seeking to impose trade sanctions on Latin American governments and their citizens, which would hurt many of their poorest citizens.”
There is also the threat that, as a result of TTIP, countries will be forced to negotiate bilateral agreements, which in the end will limit their freedom and undermine the sovereignty of their citizens.
“In an op-ed in The Washington Post, Bocschioli said the US should not sign the TPP because the US has been trying to use trade talks to undermine the very deal it is signing.”
This is not the same as threatening to impose tariffs, and the United Kingdom, the EU, and Canada have also been trying this tactic,” she wrote.”
But in both cases, the US is threatening to use the TTIP negotiations to try to undercut the very agreements it is seeking to negotiate.
It is time for the US to stop using TTIP as a bargaining chip to get what it wants.
“The TTIP would allow the US government to impose more tariffs and restrict access to products from Latin America.
It would also allow the United Sates to impose additional barriers to imports from the rest of the world, including from the EU and Japan.
The countries that oppose the TPP are concerned that it will lead to increased tariffs and restrictions on goods from countries like China.
Bocchioni has also said that the TTIF will also increase the risk of economic retaliation against the United State.
The TTIF would also require that US companies be allowed to trade with countries that have not ratified the TPP, which means that US firms will be required to have trade agreements with all of the countries that they are competing against in order to be competitive in the future.”
In addition to Bocchiioli’s article, The Atlantic’s Jonathan Capehart, who has worked on trade issues with the United Nation’s Food and Agriculture Organisation, said the TPP could lead to a global food crisis.””
And this would be bad for our workers, our health, our environment, and for all of us.”
In addition to Bocchiioli’s article, The Atlantic’s Jonathan Capehart, who has worked on trade issues with the United Nation’s Food and Agriculture Organisation, said the TPP could lead to a global food crisis.
“One of the biggest problems is that we are losing more and more of the food that is actually being grown and processed in the US, and we have to figure out how to make sure that we keep that supply going,” he said.
“The TPP could give the United STATES and other countries the ability to do this.”