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Home » Recent News » TPP a Step Backward


TPP a Step Backward

October 20, 2015

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TPP a Step Backward — A recent article by International Association of Machinists & Aerospace Workers (IAMAW) President Tom Buffenbarger called on congress to “put American people first and reject the deeply flawed Trans-Pacific Partnership (TPP). “As a labor union whose members build products that are exported all over the world, the IAM has always taken a strong interest in the development and growth of international trade. We know firsthand that trade done right will improve living standards and strengthen our economy,” he began.

“Unfortunately, the recently concluded Trans-Pacific Partnership (TPP) represents a new low in corporate dominance of our nation’s trade agenda,” he said, explaining that despite rhetoric, it is “a step backward in efforts to achieve effective labor standards and human rights.”

Though the agreement has not been made public yet, Buffenbarger cited reports that indicate among its flaws: weak, ineffective, and substandard labor standards; weakened rules of origin for the auto industry; reduced access to affordable medicine; less effective financial regulations; and secret government tribunals to interpret and enforce the agreement.






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