2016-10-18 — nakedcapitalism.com
Despite having negotiated the TPP, Hilary Clinton also professes opposition to it while allowing it to stay as part of the Democratic Party platform for the election. This is reminiscent of Bill Clinton's earlier opposition to the North American Free Trade Area (NAFTA), negotiated by President George H. W. Bush, before becoming its great proponent after winning the White House. To legitimize her own volte-face, she may try to add new TPPA provisions banning ‘currency manipulation' while making it clear that the real intended target is China.
Meanwhile, the outgoing Obama administration has successfully put together a bipartisan lobby, including establishment Republicans upset at Trump's nomination, to get the TPP accepted by the US Congress during the ‘lame duck' period right after the early November elections before the Christmas recess. Already, these efforts have met with early success.
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