Comment 3EAN0 US may want back in


Australian Labor Party Threatens to end TPP


US may want back in (Score: 0)

by Anonymous Coward on 2018-01-26 08:01 (#3EAN0)

"Australian farmers will be able to sell more beef, cheese, wheat and rice to Japan and more sugar to Canada and Mexico."

The Greens are still against it: "The original deal gave multinationals the power to override the will of the Australian people by allowing corporations to sue governments, even when a government is acting in the interest of the community," the party's trade spokeswoman Senator Sarah Hanson-Young said. "It has no protection for local content and Australian creative industries. If this zombie TPP is anything like what was originally proposed, it should have been left dead, buried and cremated."

and we still don't know what we're getting into

"Australia's national income would eventually be 0.5 per cent higher, a gain of less than half of one-tenth of a per cent per year."

That's not much considering the cost. "enforced protections for the owners of pharmaceutical patents and extensions to copyright law." which is what America wants as it moves away from primary industries.

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