Unconventional Economist — US trade shocker one step closer to reality

The TPP from an Australian POV.

I have written previously about the risks posed to Australia’s sovereignty and consumer welfare from the Trans-Pacific Partnership (TPP).

If the TPP goes ahead, it will establish a US-style regional regulatory framework that meets the demands of major US export industries, including pharmaceutical and digital....

Australia’s Trade Minister, Andrew Robb, has signaled Australia’s unbridled support for the TPP provided Australia gains significant access to agricultural markets, even labeling the agreement as a “platform for 21st-century trade rules”....

Neoliberalism at work. Firms benefit selectively, while the public at large pays for it with a reduction in living standard.

MacroBusiness.au
US trade shocker one step closer to reality
Unconventional Economist