Hillary Clinton comes out against Trans-Pacific trade deal
Still, she added, “I totally understand why the Obama administration felt as though they did what they did under the circumstances”. The details are thin, but she implies that any bank with assets over $50 billion would have to pay a few sort of penalty. Unilateral containment of China, a hard task, will also backfire.
Clinton and other Democrats are aggressively seeking union endorsements in the primary.
Obamacare? Mrs Clinton acknowledges that the controversial healthcare law has largely worked, but she wants to end its tax on high-end insurance plans. “There is a vigorous disagreement inside the Democratic Party about the wisdom of the approach that the president makes”.
As of late, Mrs. Clinton has taken a progression of stands critical to the liberal wing of the gathering, which has been progressively cleared up by the radical bid of Senator Bernie Sanders.
According to a Wall Street Journal story yesterday, O’Malley isn’t the only opponent of the trade deal.
Clinton had indeed spoken out dozens of times over the years about the promise of the Trans-Pacific Partnership, saying it created opportunities to build relationships, increase cooperation and strengthen national security.
Cargill encourages the governments of the TPP countries to follow through on the progress made by the negotiators, as TPP would benefit many sectors of the world economy, including food and agricultural production.
And her opposition to the Asian trade deal, which was finalized last week, came almost three years after she traveled to Australia as secretary of state and lauded the proposed pact as the “gold standard” of trade deals.
Clinton, who has won huge financial backing from Wall Street, says that the growth of high-frequency trading has “unnecessarily burdened our markets and enabled unfair and abusive trading strategies”. She said she anxious that the agreement didn’t crack down on currency manipulation or protect consumers from excessively high drug prices.
Clinton said at an Iowa campaign stop this week that her Wall Street plan would focus on more than banks, taking into account any kind of financial institution that causes disruption in the marketplace.
Her opposition, however, puts Clinton in an awkward position, considering her history in the Obama administration.
“It allows her to cover several bases at once”, he said, noting her criticism of the provisions on pharmaceuticals. But Sanders, a self-described democratic socialist, hasn’t missed a chance to highlight his policy differences with the more moderate Clinton on progressive priorities and drive the debate in that direction.
“We need to move”, he said as he wrapped up his remarks before exiting the state at the Workers’ Voice Summit in Washington. Among Republicans, 53% said trade agreements had been good versus 35% who said they had been bad. Two of her rivals, Sanders and former Maryland Gov. Martin O’Malley, say they’d like to see the law, called Glass-Steagall, restored.
“You have to push through the setbacks and the disappointments and keep at it. I think you know by now that I have been called many things by many people”. I, along with other members of the Cabinet, pushed hard to get a better agreement.
Clinton also looks back in the opinion piece, casting herself as someone was anxious about the stability of the financial market long before the 2008 crash.