It’s being negotiated in secret so it can be presented as a fait accompli to the legislatures of all of the involved nations. Each will have the international version of peer pressure put on it — everybody else is doing it so you do it or the rest of the countries won’t like you.
So much for Obama’s new transparency.
The one good thing about the depression that is coming is that the rest of the world is about to find out how little America needs them.
It is going to be a painful discovery, but one that needs to be made.
We have a strong resource base (if the libtards would let us go after it), and we ARE the people that the rest of the world tries to sell their goods to. If we don't buy, they're screwed.
Right now, we don't have enough "discressionary" income to be buying products from the rest of the world (and recent Chinese product problems have put a damper on that). It follows that the rest of the world is about to learn a painful lesson.