In something of a joke, President Barack Obama says Americans should actually read the Transpacific Partnership Agreement. The agreement itself consists of 30 chapters, with 144 annexes (43 of which are imbedded into specific chapters). Assuming the average American reads 200 pages a day, it would take a month. The length and complexity of the TPP Agreement signals that it is not fundamentally a free trade agreement, but is rather a managed trade agreement. As Obama has said, “I know that if you take a look at what’s actually in the TPP, you will see that this is, in fact, a new type of trade deal.”
We recently discussed a bipartisan group of Senators and House members who correctly identified a global trade problem and its negative domestic ramifications. 57 Senators and 152 House members…sign(ed) letters to Barack Obama Administration Secretary of Commerce Penny Pritzker. In which they expressed concern about inexpensive Korean steel being in mass quantities imported here….