ES EN
Menu Menú

Publications

Publicaciones

Search Publications

Buscar publicaciones

Filters Filtro de búsqueda

to a

clear selection Quitar los filtros

none

Article Artículo

NYT Pushes for Trans-Pacific Partnership In News Article

The NYT appeared to be pushing for approval of the Trans-Pacific Partnership (TPP) in a news article that massively misrepresented the pact's importance as a mechanism for reducing trade barriers and completely ignored the ways in which it would increase trade barriers. It also failed to mention the issue of currency rules or the extra-judicial system of investor-state dispute settlement mechanisms, both of which are main reasons given for opposition to the TPP.

The first paragraph describes the TPP as:

"a massive trade accord with 11 nations across the Pacific Rim."

Later it refers to it as:

"an accord that would reach 40 percent of the global economy."

It continues:

"The accord would reduce tariffs on a vast array of goods and services, and would affect about 40 percent of America’s exports and imports."

In fact, the vast majority of "40 percent of the global economy" and the "40 percent of America's exports and imports" are already covered by trade agreements with the United States. Of the eleven countries other than the United States in the TPP, six (Australia, Canada, Chile, Mexico, Peru, and Singapore) already have trade deals with the United States. That leaves Brunei, Japan, Malaysia, New Zealand, and Vietnam as countries being brought into a deal for the first time.

Dean Baker / May 10, 2015