The U.S. Senate’s passage of Trade Promotion Authority (TPA) legislation on May 22 means that the TPA bill (also known as “Fast Track”) will soon be up for a vote in the House of Representatives. If the House follows suit and approves it, we can be certain that President Obama and his Republican supporters in Congress will move for expedited action on the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP), both of which, Obama has stated, are top priorities of his administration.
These twin, trans-oceanic agreements are massive schemes that propose a very radical transformation of the global politico-economic system, with revolutionary integration and convergence of the major Atlantic and Pacific nations. The TPP currently includes 12 Pacific Rim member states (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam), but is expected to expand to include more nations, including Communist China.
Read More: 10 Reasons Why You Should Oppose TPP and TTIP