TPP tentatively agreed to. Is TTIP next?


The US government began its ‘shutdown.’ Here are some reports about it and reactions in Asia:

October 05, 2015

The United States, Japan and 10 other Pacific Rim countries reached agreement Monday on a massive free trade deal that will lower trading barriers and set commercial rules for 40 percent of the world economy.

The Trans-Pacific Partnership deal was completed in the southern U.S. city of Atlanta, Georgia. It was the culmination of seven years of often contentious negotiations over trade barriers on agricultural and dairy products, new cars, the latest technology gadgets, cutting-edge drugs and numerous other products, along with environmental and work regulations.

For it to take effect, the pact must be ratified by national legislatures throughout the 12-country bloc, where individual industries have vigorously lobbied to protect their products from foreign imports or to open up export possibilities for trade in other countries. …

“A successful Trans-Pacific Partnership would mean greater American influence in the world and more good jobs at home,” he said. “But only a good agreement — and one that meets congressional guidelines in the newly enacted Trade Promotion Authority — will be able to pass the House. I am reserving judgment until I am able to review the final text and consult with my colleagues and my constituents.”

October 5, 2015

Despite narrowly securing congressional approval to negotiate the Trans-Pacific Partnership (TPP) agreement with 11 other countries, Barack Obama still has to persuade a majority of US lawmakers to pass the final deal, which aims to remove thousands of import tariffs. …

Republicans reacted coolly to the announcement that international negotiations had concluded on Monday, particularly news that measures favouring tobacco and pharmaceutical industries had been left out of the agreed text, making negotiations more difficult for Obama.

“While the details are still emerging … I am afraid this deal appears to fall woefully short,” said Orrin Hatch, chair of the finance committee, which is responsible for trade, in the Senate.

“The Trans-Pacific Partnership is a once-in-a-lifetime opportunity and the US should not settle for a mediocre deal that fails to set high-standard trade rules in the Asia-Pacific region for years to come,” he added. “Closing a deal is an achievement for our nation only if it works for the American people and can pass Congress.”

The deal was also slammed by critics on the left, particularly presidential candidate Bernie Sanders, who called it “disastrous” despite the minor concessions on tobacco and pharmaceuticals. …

“I am disappointed but not surprised by the decision to move forward on the disastrous Trans-Pacific Partnership trade agreement that will hurt consumers and cost American jobs,” said the Vermont senator in a statement.

“Wall Street and other big corporations have won again. It is time for the rest of us to stop letting multinational corporations rig the system to pad their profits at our expense.”

News reports indicated that this deal is massive and will be transformational.  Various ones in the USA and Canada have concerns about it–and big business tends to get its way in this deals with governments generally paying less attention to small businesses.

In general, trade agreements benefit both parties involved. Yet as I warned about trade talks in the past, ultimately, some of the deals will not be good for the United States of America nor the British (nor their Anglo-allies like Canada, Australia, or New Zealand).

Europe is watching this.  There is a deal call TTIP which European leaders seem to believe will help propel Europe in the 21st century. The tentative passing of TPP will likely encourage some there.  Maybe it will be the next big trade deal that suggests more international cooperation.

However, I believe that time will come when trade disputes will prove disastrous for the USA.

I plan to report other developments on TPP and TTIP in the future.

Some items of possibly related interest may include:

WTO/TTIP and the Babylonian Beast Will international trade agreements like WTO/TTIP/CETA lead to the fulfillment of end time prophecies concerning the Babylonian Beast power that the Book of Revelation warns against? What does the Bible teach? A related video would be WTO Trade Deal and the Rise of the European Beast Power.
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
China, Its Biblical Past and Future, Part 1: Genesis and Chinese Characters Where did the Chinese people come from? This article provides information showing that the Chinese peoples must have known about various accounts in the Book of Genesis up until their dispersion after the Tower of Babel. Here is a link to a version of this article in Spanish: ¿Prueban los caracteres chinos la exactitud de la Biblia?
China, Its Biblical Past and Future, Part 2: The Sabbath and Some of God’s Witness in China When did Christianity first come to China? And is there early evidence that they observed the seventh day sabbath?
Asia in Prophecy What is Ahead for Asia? Who are the “Kings of the East”? What will happen to nearly all the Chinese, Russians, Indians, and others of Asia? China in prophecy, where? Who has the 200,000,000 man army related to Armageddon? A YouTube video of interest may be Is China THE Threat to the United States of America?
The Eurasian Union, the Kings of the East, and Bible Prophecy Is there a Eurasian union that will be formed? Is one being formed right now? Are any leaders working on that in the 21st century? Does the Bible teach that there will be a Eurasian union? If some type of Eurasian union is formed, who might it benefit and who will it destroy? A related video would be Is The Eurasian Union Rising?
Korea in Prophecy, Any Witness? Where did the Korean people come from? Does God have a plan for the Koreans? Is Korea mentioned in any prophecies? Will Koreans be among the first in the Kingdom of God? Here is a machine-translated link to that article in Korean: 한국의 언어로 : 한국 예언, 모든 증인에?; here is a link to that article in Mandarin Chinese: 在预言中的韩国:有任何证人吗?
Japan, Its Biblical Past and Future, Part 1: Any Witness? Where did the Japanese people come from? Have they had any witness?
Japan, Its Biblical Past and Future, Part 2: Prophecy Japan in prophecy. What is prophesied for Japan? Will God save the Japanese?

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