This week the text of the Trans-Pacific Partnership trade deal (TPP) was made available and, having seen the text, American unions have declared the deal ‘worse than we thought’. The trade deal covers the US, Japan, Malaysia, Vietnam, Singapore, Brunei, Australia, New Zealand, Canada, Mexico, Chile and Peru. The text was released by the New Zealand government.
Richard Trumka, of the US trade union umbrella group AFL-CIO, said:
“We are deeply disappointed that our policy recommendations and those of our trade reform allies in the environmental, consumer, public health, global development and business sectors were largely ignored.”
The AFL–CIO says it will be examining the text line by line in the coming days to understand the deal’s full implications. But, as Trumka said, “from what we have already seen, it is clear that the threats of this expansive new agreement outweigh its benefits for good jobs, for democracy, for affordable medicines, for consumer safety and for the environment”.by