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Who Benefits from Trump’s Trade War?

Koichi Hamada Project Syndicate
A trade war with China poses a serious threat to the US itself, which is bound to suffer severe losses due to trade diversion; and broader damage, as tit-for-tat tariffs reduce overall exports, undermine total global trade, and world economic growth.

labor

The Good and the Bad in Trump’s NAFTA Renegotiation

David Dayen Working In These Times
However, five U.S. union leaders noted in a statement that “there is more work that needs to be done to deliver the needed, real solutions to NAFTA’s deeply ingrained flaws.”

It’s Not Only Necessary to Develop an Alternative to Globalization — It’s Entirely Possible

Walden Bellow Foreign Policy in Focus
It was the left who diagnosed the ills of globalization. So why is the right eating our lunch? Today global capitalism is in a period of long-term stagnation following the global financial crisis. The newer protests represent a far broader disenchantment with capitalism than the protests of the 2000s. The building blocks of an alternative economic model are there - sustainable development, de-growth, and de-globalization.

Trump Is Trying to Make NAFTA Even Worse

Ethan Earle Working In These Times
But now, in an act of political judo, Trump is trying to use the same anti-establishment, pro-American rhetoric from his campaign to craft a neoliberal NAFTA renegotiation that will include everything demanded in the recently scuttled TPP—and more. Commerce Secretary Wilbur Ross, as well as others in Trump’s administration, have been surprisingly straightforward about these intentions.

labor

The Union Revolt No One is Talking About

Bob Hennelly US Labor Against the War
This election proved that you overlook the labor movement at your peril. Democrats took rank-and-file union members for granted. They must make labor central to the conversation again .

El Salvador Lessons for the TPP Fight

Robin Broad and John Cavanagh Inequality.org
Although the people of El Salvador won a victory when a ruling denied a company compensation for a mine that popular opposition preventing a mine from operating on their land, they should never had to go through this seven-year legal battle in the first place. Such “investor rights” are the most extreme example of excessive power granted to corporations through trade agreements and are the reason the TPP must be defeated.

Tidbits - August 25, 2016 - Reader Comments: Gabby Douglas and Ryan Lochte; Temp Organizing Gets Big Boost; Black Lives Matter; Progressive Groups Demand Clinton Publicly Oppose Lame-Duck TPP Vote; and more...

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Reader Comments: Douglas and Lochte- Tale of Black and White; Temp Organizing Gets Big Boost; New Memorial Will Honor Victims of Lynching; Black Lives Matter; Progressive Groups Demand Clinton Publicly Oppose Lame-Duck TPP Vote; Henry Kissinger; More response to Portside post on Syria; Announcements: Labor Journalism Award-Apply Now; Thirty-six Views of One World Trade Center; Peace in Colombia - What Can I Do?; Faculty Condemn New McCathyite Canary Mission Blacklist
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