tag:blogger.com,1999:blog-1054910627465846465.post6454462305391228628..comments2024-03-28T15:30:35.153-07:00Comments on The Hitchhiker's Guide to National Affairs: Update of the Trans-Pacific PartnershipUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1054910627465846465.post-86911352040506296702015-10-15T19:29:50.030-07:002015-10-15T19:29:50.030-07:00The Trans Pacific Partnership is going to do a gre...The Trans Pacific Partnership is going to do a great job evening the playing field for smaller nations in the Pacific, but one of my worries is will this start a race to the bottom in Asia and how will it be addressed? As massive amounts of tariffs are being removed, smaller developing nations will begin to see the benefits of industrializing and exporting goods. There is a possibility that some of these smaller nations will have very relaxed labor laws and environmental protection regulations in order to promote business. Although the Trans Pacific Partnership does cover some environmental regulation, it only really mentions poaching, deforestation, and overfishing. It fails to address the environmental impacts of these smaller nations industrializing to compete in global trade. Other nations have also proved this to be a problem, China continues to have air pollution issues and Vietnam is beginning to see environmental problems due to their rapid industrialization. Will this problem be addressed in later iterations of the TPP or will it be left out for good?Michael Lanthierhttps://www.blogger.com/profile/15823908976495491702noreply@blogger.com