Hillary Clinton Announces Opposition To TPP Trade Deal
REUTERS/Brian SnyderU.S. Democratic presidential candidate Hillary Clinton listens during the Boston Community Forum on Substance Abuse ” It’s safe to say that the TPP won’t be ideal – no deal negotiated among a dozen countries ever will be – but its higher standards, if implemented and enforced, should benefit American businesses and workers”, Ms. Clinton wrote in her post-State Department memoir, “Hard Choices”. “We want state enterprises to be able to assume the same responsibilities for fair competition as private-sector companies, so that we have a level playing field”.
Canada’s trade minister is promising to release a provisional copy of the Trans-Pacific Partnership trade agreement in the next few days – but Ed Fast won’t say whether it will include details of the all-important side deals.
– Martin O’Malley was blunt when he learned Hillary Rodham Clinton had announced her opposition to a Pacific Rim trade deal. The former secretary of state added that she does not believe the TPP “is going to meet the high bar I have set”.
That report was published Wednesday, just hours before Clinton revealed her new position on TPP.
The series of shifts marks another way that Clinton has recalibrated her campaign strategy after her failed president bid eight years ago. But nothing we know now about the TPP gives me any confidence that workers will end up with the good jobs and protections they deserve.
In the Republican party, populist forces – including the poll-leading Donald Trump – are denouncing the deal.
It’s up to voters to decide how they feel about her changed stance on the Trans-Pacific Partnership, but we rate Clinton’s reversal as a Full Flop.
Such a number accounts for almost one in four TV ads aired so far during the 2016 presidential race by any source, Democrat or Republican.
October 8 U.S. Democratic presidential hopeful Hillary Clinton on Thursday introduced a plan to curb what she called Wall Street abuses, including a “risk fee” on the largest financial institutions and breaking up banks considered “too big to fail”. “I like it”, Ohio Senator Sherrod Brown, the top Democrat on the Banking Committee who is among his party’s most liberal members, told Bloomberg.
Clinton’s campaign and the Obama administration have always said the time would come when she would outline her own policies and deliver criticisms, implied and direct, of the president. More to the point, the reasons she offered for her view could not have been convincing, even to her. There was nothing in the deal about alleged currency manipulation by USA trading partners, she complained. If ratified, this treaty would not only benefit the United States as a whole, but also uniquely and specifically the Los Angeles economy, which serves as the gateway to and from the USA for trade with these economies.
Richard Trumka, president of the AFL-CIO labor group, which opposes the pact, praised Clinton.
The White House doesn’t deny that Clinton’s new distance has sometimes created awkwardness for the president.
Clinton hasn’t taken any direct swipes at Obama when it comes to his governing style, but she has made subtle attempts to cast herself as someone who may be a more effective fighter.
The White House had no immediate comment on Clinton’s position.