Posted on 05/22/2015 10:08:10 AM PDT by Olog-hai
The Trans-Pacific Partnership that President Barack Obama is negotiating with 11 other nations seeks to eliminate both tariff and nontariff trade barriers with these countries, according to the Congressional Research Service. One of those countries is Vietnam, which the State Department says maintains a Communist regime.
In 2014, the U.S. ran a $24,858,700,000 trade deficit with Vietnam, according to U.S. government trade data published by the Census Bureau. U.S. producers sold $5,724,900,000 in goods to purchasers in Vietnam. At the same time, producers in Vietnam sold $30,583,600,000 in goods to purchasers in the United States.
Documents related to the TPP are currently classified. Members of Congress can only review them in a secured room. But a report published in March by the Congressional Research Service—“The Trans-Pacific Partnership (TPP) Negotiations and Issues for Congress”—describes the basic purpose of the deal the administration is seeking. …
(Excerpt) Read more at cnsnews.com ...
That is exactly in line with Communist Goal #4 from The Naked Communist: Permit free trade between all nations regardless of Communist affiliation and regardless of whether or not items could be used for war.
I was just listening to Rush and he’s talking about this now.
Lol, and how about a breakdown of those "producers in Vietnam". Likely just a bunch of relocated US factories and maybe some Chinese owned subcontractors producing goods for US firms. And maybe a very few actual Vietnamese firms.
Vietnam is where many transnationals have fled to since wages in China have risen to an unbearable $2.00 to $3.00 per hour.
I know of at least 50,000 objections to dealing with Communist Vietnam all posted on a black marble wall in DC.
So why did Ted Cruz vote for this?
Chamber of Commerce probably wants it. Pretty simple.
Fair question. I’m still waiting for an answer as to why his tribute to Nelson Mandela, myself.
Here's a Google related to US factories in Vietnam:
The goal of most of these so-called 'trade' deals is to make it cheaper to locate US factories to cheap labor nations, and then remove any tariffs on goods shipped back to the US. That will probably be the main result of the TPP; few more US goods shipped to Asia and beaucoup more Asian propduced goods shipped to the US, with most of those goods produced for US owned firms.
That's what TPP is really all about.
US firms move footwear factories to Vietnam ahead of TPP
But I thought Obama said TPP was to level the playing field, open Asian markets to US goods and create jobs in America and, blah, blah, blah. Nike is now big in Vietnam.
Count on it, our deficit with Vietnam and probably all of Asia will be even larger after TPP is in effect.
Because us "little folk", Constitutional Conservatives gave him the start he needed for his presidential aspirations. Now that he's got big-time donors who want cheap labor and less restrictions on overseas manufacturing, it's "*crew you".
Rand Paul's looking better every day.
Imagine 12 million people who are already here coming out of the shadows to become new taxpayers. …This Rand Paul?
The closer to Saigon, more capitalist than the US.
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