Archive for Globalization and Trade

The Workers Who Regret Trump’s Scrapping of a Trade Deal – by Neil Gough – NYT

“HO CHI MINH CITY, Vietnam — Do Thi Minh Hanh, a labor activist, had grown accustomed to being beaten, hospitalized and jailed for her work in a country where independent trade unions are banned.

So it gave her hope for a reprieve when Vietnam reached a trade deal with the United States and other countries that called for its members to bolster workers’ rights and protect independent unions.

That hope fizzled in late January, when President Trump pulled the United States out of the trade deal, the Trans-Pacific Partnership, with the stroke of a pen.“

The Vietnamese government will use this as an excuse to suppress the labor movement,” Ms. Hanh said. “They never wanted to have independent unions in Vietnam.” “

Posted in: Foreign Trade Policy, Globalization and Trade, Post War Problems in Vietnam

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What Is TPP? Behind the Trade Deal That Died – The New York Times

“Today, the United States and most developed countries have few tariffs, but some remain. The United States, for example, protects the domestic sugar market from lower-priced global suppliers and imposes tariffs on imported shoes, while Japan has steep surcharges on agricultural products including rice, beef and dairy. The pact was an effort to create a Pacific Rim free-trade zone.

Environmental, Labor and Intellectual Property Standards

United States negotiators stressed that the Pacific agreement sought to level the playing field by imposing rigorous labor and environmental standards on trading partners, and supervision of intellectual property rights.”

 

Posted in: Foreign Trade Policy, Globalization and Trade, Post War Problems in Vietnam

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