Article Q4Z4 Why support TPP? Critics should read the agreement and keep an open mind

Why support TPP? Critics should read the agreement and keep an open mind

by
Jeffrey Frankel
from on (#Q4Z4)

In light of vociferous opposition to the trade deal, the TPP that emerged is a pleasant surprise - so much so that some Republicans threaten to oppose it

Agreement among negotiators from 12 Pacific rim countries on the Trans-Pacific Partnership (TPP) represents a triumph over long odds. Tremendous political obstacles, both domestic and international, had to be overcome to conclude the deal. And now critics of the TPP's ratification, particularly in the US, should read the agreement with an open mind.

Many of the issues surrounding the TPP have been framed, at least in US political terms, as left versus right. The left's unremitting hostility to the deal - often on the grounds that the US Congress was kept in the dark about its content during negotiations - carried two dangers: A worthwhile effort could have been blocked; or President Barack Obama's Democratic administration could have been compelled to be more generous to American corporations, in order to pick up needed votes from Republicans.

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