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VRPdommy · 11-27-2018, 08:08 PM

Trade deals are manufactured and lobbied/promoted by corporations in self interest.
Sometimes they themselves get it wrong or things change and no longer benefit them over their competitors.

Just look at NAFTA. If it were not for Walmart, you never would have herd that word.
They used it as a way to avoid import tariffs and American wages and labor laws.
But it is not like others did not jump the bandwagon who would benefit.
General Electric was one of the largest promoters of Asia Pacific trade deal. But not the only one.

The problem with these deals are those in government never get lobbied much (moneywise) from those who will be most disaffected by them, and that is if they even realize they may be impacted adversely by them.

Government officials are normally ignorant to the full implications. They have to rely on advisors that are normally the lobbyist.

The folks that make the most decisions about these deals are little known and not elected. Can you expect something good of that ?

11-27-2018, 08:08 PM
VRPdommy Too lazy to set a custom title Industry Role: Join Date: Oct 2014 Posts: 10,743	Trade deals are manufactured and lobbied/promoted by corporations in self interest. Sometimes they themselves get it wrong or things change and no longer benefit them over their competitors. Just look at NAFTA. If it were not for Walmart, you never would have herd that word. They used it as a way to avoid import tariffs and American wages and labor laws. But it is not like others did not jump the bandwagon who would benefit. General Electric was one of the largest promoters of Asia Pacific trade deal. But not the only one. The problem with these deals are those in government never get lobbied much (moneywise) from those who will be most disaffected by them, and that is if they even realize they may be impacted adversely by them. Government officials are normally ignorant to the full implications. They have to rely on advisors that are normally the lobbyist. The folks that make the most decisions about these deals are little known and not elected. Can you expect something good of that ?