Where the TPP Could Lose

While the United States has been granted “fast-track” trade promotion authority, it doesn’t seem to pose any sense of urgency for Chile.  Journalist, Julia Paley, tells the reader that Chile won’t sign the TPP agreement unless it meets certain requirements (http://www.counterpunch.org/2015/08/17/where-the-tpp-could-lose/).  Chile’s biggest concerns are the effects the agreement will have on working people after it is signed.  If signed, major corporations will pretty much have free reign on numerous markets.  Prices for everyday products may rise, health costs could become unaffordable etc.  Chile isn’t afraid to back out either as it already has separate trade agreements with all of the countries involved in the negotiations.  Chile also trades heavily with China, therefore the TPP won’t really make a serious economic impact.  In Chile’s case, signing the TPP can only hurt its economy.  Similar to the other countries involved, the outlook towards the  agreement would be better if the government officials weren’t as secretive as they have been.  People need to know what’s going on in their nation as their quality of life may be at stake.

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