The Office of the United States Trade Representative has finally released the full text of the Trans-Pacific Partnership.
The 30 chapter document, plus preamble and annexes and side instruments, is available here.
But instead of delivering the text of the trade agreement in one easy to read document, each element has been uploaded separately. The entire TPP agreement has been separated into over one hundred different pdf documents.
The White House has also put up the deal on Medium. President Obama introduces the agreement with this introduction:
When we have a level playing field, Americans out-compete anyone in the world. That’s a fundamental truth about our country.
But right now, the rules of global trade put our workers, our businesses, and our values at a disadvantage.
If you’re an autoworker in Michigan, the cars you build face taxes as high as 70 percent in Vietnam. If you’re a worker in Oregon, you’re forced to compete against workers in other countries that set lower standards and pay lower wages just to cut their costs. If you’re a small business owner in Ohio, you might face customs rules that are confusing, costly, and an unnecessary barrier to selling abroad.
The Trans-Pacific Partnership will change that.
It’s the highest standard trade agreement in history. It eliminates 18,000 taxes that various countries put on American goods. That will boost Made-in-America exports abroad while supporting higher-paying jobs right here at home. And that’s going to help our economy grow.
I know that past trade agreements haven’t always lived up to the hype. That’s what makes this trade agreement so different, and so important.
The TPP includes the strongest labor standards in history, from requiring a minimum wage and worker safety regulations to prohibiting child labor and forced labor. It also includes the strongest environmental commitments in history, requiring countries in one of the most biologically diverse areas on Earth to crack down on illegal wildlife trafficking, illegal logging, and illegal fishing. These standards are at the core of the agreement and are fully enforceable — which means we can bring trade sanctions against countries that don’t step up their game.
And for the first time ever, we’ll have a multilateral trade agreement that reflects the reality of the digital economy by promoting a free and open Internet and by preventing unfair laws that restrict the free flow of data and information.
In other words, the TPP means that America will write the rules of the road in the 21st century. When it comes to Asia, one of the world’s fastest-growing regions, the rulebook is up for grabs. And if we don’t pass this agreement — if America doesn’t write those rules — then countries like China will. And that would only threaten American jobs and workers and undermine American leadership around the world.
That’s why I am posting the text of this agreement here for you to read and explore. There’s a lot in here, so we’ve put together summaries of each chapter to help you navigate what’s in the agreement and what these new standards will mean for you.
I know that if you take a look at what’s actually in the TPP, you will see that this is, in fact, a new type of trade deal that puts American workers first.
The White House is hitting back at Hillary Clinton a week after the Democratic presidential candidate claimed to have looked at the Trans-Pacific Parternship. The trade deal, the White House says, has not been released to the public. Clinton, for her part, claimed last week to have looked at the details and decided that she couldn't support the deal.
White House spokesman Josh Earnest addressed it at today's press briefing:
President Obama's former top political adviser, David Axelrod, took some shots at Hillary Clinton in a Slate interview from over the weekend. Clinton, Axelrod said, is on "double secret, super probation" after flip-flopping and declining to support Obama's trade bill that she previously championed.
Strange as it may seem, Barack Obama has much in common with the storied matchmaker of Jewish legend. This Polish entrepreneur announced to the poverty-stricken rabbi of a poverty-stricken Polish town that she had found a match for his even more poverty stricken, unattractive son – no less than the queen of England. The Rabbi refused to consent to the match on the grounds that the queen was not Jewish.
There are times when economics is secondary to other policy considerations—not irrelevant, but secondary. Last week, when 12 nations on the Pacific Rim finally agreed to the Trans-Pacific Partnership after years of negotiations, was one such time. This gives President Obama a much-needed victory—if he can persuade enough of his Democratic colleagues to join a majority of Republicans in approving the deal when Congress gets to have its say in up or down votes early next year.
A top Hillary Clinton aide from the State Department talked up the former secretary of state's support for the trade deal just yesterday in an interview with National Public Radio. The aide, who has been defending Clinton's policies publicly, is Anne-Marie Slaughter, the former director of policy planning at the State Department.
President Obama said today that the Trans-Pacific Partnership trade deal would cover "40 percent of the global economy." Obama also revealed that eventually the agreement will be made available to the public.
If Donald Trump becomes president of the United States, Carl Icahn may be his ambassador or chief negotiator to China. Trump made the revelation in an interview this morning on MSNBC:
"We have to negotiate great trade deals. I would get the best guys," said Trump. "Carl Icahn is a friend of mine. I'd say, 'Carl, congratulations, handle China.' I'd get other guys like Carl. I'd say, 'Good luck, here's Japan.' Believe me, we will do so well."
So we once again have a functioning senate, no longer a prisoner of Harry Reid’s theory of government – if you do not like a bit of legislation, you can keep it – keep it from the floor, keep it from debate, keep it from a vote. That proved to be a ticket to the minority, as disgusted voters decided in favor of a change they can believe in.
The top Republican in the Senate is applauding President Obama after the passage of the trade bill.
“A new Congress that’s back to work for the middle class just notched another win for everyone who cares about strengthening American paychecks, American jobs, and the American economy. Achieving this positive outcome was never going to be easy, but it proves that the power of a good idea, no matter where it comes from, can win out over the stasis of gridlock," Senate majority leader Mitch McConnell says in a statement.