"Despite his campaign rhetoric, Obama has championed George W. Bush-negotiated ‘free-trade’ deals with labor-rights pariah Colombia, tax-haven Panama, and South Korea. Trade economist Robert Scott of the Economic Policy Institute (EPI) estimated that the South Korea deal alone will cost 159,000 U.S. workers their jobs. Union leaders also worry that the agreement will serve as a ‘funnel’ for component parts produced under near-slavery conditions in North Korea and China under a South Korean label, says Matt McKinnon, political director for the International Association fo Machinists and Aerospace Workers (IAMAW). Meanwhile, the Obama administration is hammering out the biggest, farthest-reaching, and most secretive ‘free trade’ deal ever, the Trans-Pacific Partnership (TPP). The TPP would include numerous nations on the Pacific Rim, including Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. U.S. Trade representatives have negotiated its terms under such an unusual level of secrecy, with only 600 corporate executives apprised of the content, that even pro-‘free trade’ members of Congress have complained about being excluded from the talks."
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