The following is a statement from International Association of Machinists and Aerospace Workers (IAM) International President Tom Buffenbarger regarding terms of the secretly negotiated Trans-Pacific Partnership:
“As a labor union whose members build products that are exported all over the world, the IAM has always taken a strong interest in the development and growth of international trade. We know firsthand that trade done right will improve living standards and strengthen our economy to the benefit of all Americans. Unfortunately, the recently concluded Trans-Pacific Partnership (TPP) represents a new low in corporate dominance of our nation’s trade agenda. Despite the rhetoric, this deal represents a step backward in efforts to achieve effective labor standards and human rights.
Negotiated in secret by and for multinational corporations that have no allegiance to any flag or country, the TPP will facilitate the export of American jobs to countries like Vietnam, Malaysia, Brunei and Mexico which lack fundamental labor rights, some of which even engage in slave labor. Reports of a secret side agreement with Vietnam are especially offensive to anyone who takes internationally recognized labor standards seriously.
Earlier this year, Congress passed Fast Track legislation that laid out an ambitious set of negotiating goals that we, and others, warned were completely unenforceable. Reports indicate that we were correct in our assumption about the congressional negotiating goals; the U.S. Trade Representative simply ignored them. Although the agreement has not been made public yet, these reports indicate that, substandard labor standards remain weak and ineffective, currency manipulation has not been effectively addressed, rules of origin for autos are greatly weakened, access to affordable medicines is reduced, post Great Recession financial regulations were made less effective, and secret non-governmental tribunals will interpret and enforce the agreement.
As job and income growth continue to stagnate, Americans know that the economic system is rigged against them and the TPP is just the latest example. Congress must put the American people first and reject this deeply flawed trade agreement.”