Trump’s win kills the Trans-Pacific Partnership

Here’s one win both the left and Trump supporters can celebrate.

The Trans-Pacific Partnership [previously], the free-speech-threatening and multinational corporation-endorsed  keystone of Barack Obama’s “Asian pivot,” has been killed by The Donald’s election.

From BuzzFeed News:

Leaders of the House and Senate say they will not bring the Trans-Pacific Partnership, an international trade deal that would lower tariffs and set new commerce rules for 12 countries including Japan and Australia, to a vote. President-elect Trump had said he planned to cancel consideration of the deal in his first days in office.

Both Senate Majority Leader Mitch McConnell and House Speaker Paul Ryan told reporters Thursday that the deal is a no-go, with McConnell saying the Senate will not bring it to a vote during the lame duck session and Ryan saying the House does not have the votes to pass it. Sen. Chuck Schumer also told labor leaders Thursday the pact would not be ratified, CNN first reported.

“If the next president wants to negotiate a trade agreement, he has the opportunity to do that and to send it up,” McConnell said. “It’s certainly not going to be brought up this year and… I think the President-elect made it pretty clear he was not in favor of the current agreement.”

President Obama had hoped to have the deal approved by Congress immediately following the election. The agreement had been intended to improve relations with companies in the region and reduce China’s economic influence.

Ironically, Bernie Sanders and his supporters had proposed an anti-TPP plank for the 2016 Democratic platform, but corporate-sponsored Dems rejected it.


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