Leaked drafts indicate the TPP would roll back standards set by Congress and make it harder for the U.S. and other countries to regulate polluters and protect our environment. The benefits aren't clear, but the costs are.
The TPP rewrites the rules on intellectual property. While some may think this is needed, others point out the devil is in the details. Leaked documents indicate the treaty could affect privacy and hinder innovation. We can't know for sure, as the treaty text is secret.
The TPP is modeled after the North American Free Trade Agreement (NAFTA). NAFTA created the world’s largest free trade area. While it quadrupled cross-border transactions, it has cost 700,000 jobs by some estimates and actually increased our trade deficit.
There is no question TPP will reduce our ability to regulate quality and safety of the food we eat. Higher standards can be rejected as barriers to trade. Some people say it's worth the cost while others think we should be cautious.
Previous trade agreements have limited our ability to support struggling regional economies or help workers left behind by unstable global capital markets. Is this just a case of the few sacrificing for the many or can we do better?
Signing the TPP will mean we no longer have the ability to use U.S.Trade policy to express our disapproval when countries abuse their citizens. Is it worth giving up our sovereignty for something we haven't seen?