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Εγχειρίδιο χειρισμού κρίσεων λόγω πολιτικών ΔΝΤ από τη CIA! / Already confirmed: Civil liberties under attack! / Greece's creditors gone completely insane! / How the global financial mafia sucked Greece's blood / ECB's economic hitmen / Η Μέρκελ επιβεβαιώνει τα σχέδια των γραφειοφασιστών! /Greece: the low-noise collapse of an entire country/ How the neoliberal establishment tricked the masses again, this time in France / Ενώ η Γερμανία προετοιμάζεται για τα χειρότερα, η Ελλάδα επιμένει στο ευρώ! / Ένας παγκόσμιος "proxy" πόλεμος κατά της ελευθερίας έχει ξεκινήσει! / McCarthyism 2.0 against the independent information / Ο επικεφαλής του "σκιώδους συμβουλίου" της ΕΚΤ επιβεβαιώνει ότι η ευρωζώνη είναι μια χρηματοπιστωτική δικτατορία! /With a rising Jeremy Corbyn and a declining Angela Merkel, Brexit has been upgraded to play a much more critical role / Δημοψήφισμα για Grexit: η τελευταία ευκαιρία να σωθεί η Ελλάδα και η τιμή της Αριστεράς / Populism as the new cliche of the elites to stigmatize anyone not aligned with the establishment / Δεν γίνεται έτσι "σύντροφοι" ... / Panama Papers: When mainstream information wears the anti-establishment mask / The Secret Bank Bailout / The head of the ECB “shadow council” confirms that eurozone is a financial dictatorship! / A documentary by Paul Mason about the financial coup in Greece / The ruthless neo-colonialists of 21st century / First cracks to the establishment by the American people / Clinton emails - The race of the Western neo-colonialist vultures over the Libyan corpse / Επιχείρηση Panama Papers: Το κατεστημένο θέλει το μονοπώλιο και στις διαρροές; / Operation "looting of Greece" reaches final stage / Varoufakis describes how Merkel sacrificed Greece to save the Franco-German banks / France officialy enters the neo-Feudal era! / The US establishment just gave its greatest performance so far ... / A significant revelation by WikiLeaks that the media almost ignored / It's official: the US is funding Middle-East jihadists! / Οι αδίστακτοι νεο-αποικιοκράτες του 21ου αιώνα / How to handle political unrest caused by IMF policies! / Πώς το νεοφιλελεύθερο κατεστημένο ξεγέλασε τις μάζες, αυτή τη φορά στη Γαλλία / Οι Γάλλοι νεοαποικιοκράτες επιστρέφουν στην Ελλάδα υπό 'ιδανικές' συνθήκες

25 January, 2017

The real reason Trump killed TPP

US President Donald Trump's decision to pull out of the Trans-Pacific Partnership (TPP) trade deal will inevitably put a similar deal with the European Union on hold, but Trump will still go ahead and broker other trade deals that continue to favor US multinationals, Sputnik has been told.

Trump signed a presidential memorandum withdrawing from the TPP trade deal — with Japan, Malaysia, Vietnam, Singapore, Brunei, Australia, New Zealand, Canada, Mexico, Chile and Peru — within hours of his first full day in office.

It was a mark of his presidential campaign that he would favor home workers and discriminate against cheap labor being used to manufacture goods imported into the US — even by US owned companies.

However, campaign groups say he will now embark on a series of deals with individual countries — the UK likely being the first — which will still favor US interests over others.

"TPP was a bad deal, that would have pushed a corporate deregulatory agenda in all the countries involved, not just the US. However, without a commitment to a fair trade policy that supports decent jobs, wages and public services, protects the environment, climate and health, and is developed democratically and transparently, we will just get more and more toxic trade deals," Jean Blaylock, policy officer at Global Justice Now told Sputnik.

"Trump's naked appeal to nationalist sentiment in his inaugural speech reinforces his view that trade is a matter of win or lose, not of mutual exchange and benefit. He only cares that the US and US companies should win, at the rest of the world's expense. The similar rise of nationalism and insularity in the UK and elsewhere in the world paints a future of ever more cutthroat trade deals that benefit corporations at the expense of people and the environment everywhere," she said.

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It is possible that we have a multilevel internal war inside and outside the US between the big capital on the context of these international agreements and Trump is being used in this war.

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