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Trans-Pacific Partnership Trade Deal Endorsed by Major Tech Group (siliconbeat.com)

An anonymous reader shares a report on SiliconBeat: An industry group representing major tech firms including Google, Facebook, Yahoo, Amazon, Twitter, Uber and eBay has endorsed the controversial Trans-Pacific Partnership trade pact plan "The TPP recognizes the Internet as an essential American export," Internet Association CEO Michael Beckerman said in a statement. "Historically, pro-Internet policies have been absent from trade agreements, which is why the TPP is an important step forward for the Internet sector that accounts for 6 percent of the GDP and nearly 3 million American jobs. "It will be critical that the TPP is implemented in a way that supports the Internet economy." While President Barack Obama backs the trade deal, it has met with strong opposition from critics including Sen. Elizabeth Warren, who attacked secrecy around the pact's drafting and has said the deal could weaken U.S. regulations that are good for Americans but might threaten foreign companies' profits.Brier Dudley, Seattle Times Columnist, tweeted, "TPP "taken a 180" since TPA, when there was confidence of passage, Rep @davereichert says. Issues incl. biologic protections, tobacco lobby."

4 of 93 comments (clear)

  1. I wish... by TimMD909 · · Score: 5, Funny

    Everything I've heard about TPP sounds so shitty that I propose it be renamed to the Toilet Paper Project.*

    * All rights reserved.

  2. US presidential campaign and TPP by blind+biker · · Score: 5, Interesting

    I am a socialist and a European. I was very surprised to hear that Trump was/is against the TPP. When I heard that, I started following him a bit. I also started paying attention to the campaign. In the end, while I have always been a lefty, I realized I can't stand Hillary, whereas I find some points in Trump which I agree with. Hillary looks like someone who'd sell her own mother for money and power, and would throw anyone under the bus.

    Strictly from the POV of TPP, if either Trump or Bernie become presidents, the deal will be dead in the water.

    --
    "The agriculture ministry is not in charge of Gundam" - Japanese ministry official.
  3. this bill can make importing foreign labor easier by Joe_Dragon · · Score: 5, Informative

    this bill can make importing foreign labor easier and let them use Investor-State Dispute Settlements to by pass labor laws.

  4. Corporate Sovereignty by Anonymous Coward · · Score: 5, Insightful

    It lets corporations sue governments to overturn laws made by democratically elected governments. DUH! Of course major corps will endorse this shift of power from people to corporations!