There’s been a lot of debate and arguing going on in America lately regarding the Trans-Pacific Partnership trade deal that is currently being negotiated in secret … even from our elected officials. Many Republicans and Democrats alike have come together to decry the deal, so what’s all the fuss about? Let’s take a look at why the TPP will negatively affect American citizens after the deal is officially signed into law. How bad could it be, right …
Off-Shoring American Jobs
A leaked text revealed that TPP is slated to include the extreme foreign investor privileges that help corporations offshore more U.S. jobs to low-wage countries. These NAFTA-style terms provide special benefits to firms that relocate abroad and eliminate many of the usual risks that make firms think twice about moving to low-wage countries. To make a long story short, Americans will lose their jobs because of the TPP, and maybe a lot of them.