The hype for the latest trade agreement, the Trans-Pacific Partnership, has begun, and with no surprises: It’s basically the same propaganda we’ve been getting since NAFTA, the North American Free Trade Agreement.
President Barack Obama signed off today on the first three — and possibly last — free trade agreements of his administration, deals with South Korea, Colombia, and Panama that could be worth billions to American exporters and create tens of thousands of jobs.
Congress may force President Barack Obama into a showdown with Mexico over free trade. Lawmakers are preparing to cut off the money for a 1 1/2-year-old pilot program that opened the way for up to 500 Mexican trucks from 100 operators to drive deeper into the United States.
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