trade pact


TPP on the Ropes, Part 1

Key points including in this report are, - TPP will not be voted on in lame duck session of Congress in November-December - If Clinton is elected, she is unlikely to revisit TPP in any form during first year or two in office, if ever - Without US ratification, TPP will die; TPP rules require ratification by at least six of the eleven TPP countries, representing at least 85% of TPP-wide GDP; that 85% target cannot be reached without ratification by both the US and Japan - Other countries are unwilling to reopen negotiations with the US, even in the form of so‑called “side-letters,” because, even then, no President can assure them Congress will not come back with even more demands