Obama Administration Gives Up on Pacific Trade Deal

Re:Obama Administration Gives Up on Pacific Trade Deal by MrMullen on Friday November 11, 2016 @04:19PM (#12934427)

I don't get it either. Free Trade has improved the lives of billions of people. It helps prevent wars and binds people and countries together. I just don't get the Hacker News Hate on Free Trade.

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Re:Obama Administration Gives Up on Pacific Trade Deal by losteric on Friday November 11, 2016 @04:37PM (#12934631)

I support free trade, but I am strongly opposed to TPP. In the past 10 years we've seen many attempts at faux-free-trade agreements... corrupting deals negotiated in secrecy, intentionally hidden from pubic checks / balances, supporting big corporate interests and oligopolies.

That is not free trade.

When it comes to TPP in particular, I am radically opposed to their proposed IP laws. EFF has a short write up on how TPP undermines with digital IP: https://www.eff.org/issues/tpp

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Re:Obama Administration Gives Up on Pacific Trade Deal by vacri on Friday November 11, 2016 @04:45PM (#12934729)

As an Australian, I loathe the TPP, negotiated in secret, where US IP laws can invade our own; pharma companies can jack up the prices on medication; and foreign companies that don't even have a presence here can sue our government and hold them to ransom.

Most importantly, it's not a "free trade deal". It's just a "trade deal". Australia's trade deals in the past with the US have done things like removed tariffs for all US goods coming here, but not removed tariffs the other way around. We're definitely the little brother in this relationship.

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Re:Obama Administration Gives Up on Pacific Trade Deal by theandrewbailey on Friday November 11, 2016 @04:27PM (#12934530)

All these trade deals have onerous (read: harsher) copyright and intellectual property terms.

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