There is an ongoing debate in the United States on how the Trans Pacific Partnership can benefit the country. Manufacturing workers and unions think another free trade deal will inevitably hurt them. The last half-century of globalisation, they feel, has coincided with a massive loss of blue-collar jobs.
Big business is mostly in favor of the deal, although not universally so. Tobacco companies are unhappy that it deprives them of the right to sue countries that restrict trade by limiting cigarette sales. Pharmaceutical companies complain that they aren’t getting enough protection for their patents.
Hollywood, Silicon Valley and agribusiness mostly like the deal, which protects entertainment copyrights, eases the flow of data across borders and opens doors for US exports of meat and rice to Asia.
However the TPP isn’t only about trade. It’s also about economic reform, higher labor standards and environmental protection in developing countries such as Vietnam and Malaysia. And it's a way to knit countries on the Pacific Rim into a trading system that the United States helped design instead of one run by China.
However, there is a growing conviction TPP will not create jobs, protect the environment or ensure safe imports. Rather it appears modeled after the North American Free Trade Agreement, where the largest global corporations benefit and working families are left behind.

- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
The new fashion equation, quality, agility and value replace speed and discounts
The traditional order that once separated low-cost fast fashion from premium luxury is steadily breaking down as consumers become more... Read more
AI goes invisible as fashion brands rewire design studios
The fashion industry's digital transformation is entering a new phase. After investing heavily in sophisticated 3D computer-aided design (CAD) platforms... Read more
Natural fibers gain ground as global retail pushes back against polyester
A change is underway across the global textile industry as consumer preferences begin to alter sourcing decisions that have long... Read more
From exclusivity to engagement, luxury retail rewrites its growth strategy for 2…
The global luxury industry is entering a different growth cycle. After years of post-pandemic spending riding on affluent consumers and... Read more
Shaping the future of fashion at BRICS+ 2026
The upcoming BRICS+ Fashion Summit in Moscow promises to be a pivotal international gathering, offering a dedicated platform for fast-growing... Read more
The 10.3 mn-tonne cotton trade boom will be driven by scarcity, not surplus
The global cotton trade is entering an unusual expansion phase. Trade volumes are expected to rise steadily over the next... Read more
From Volume to Value: How fashion supply chains are defending margins through 20…
For decades, the global textile and apparel industry measured success through factory utilisation. Full order books, high machine occupancy and... Read more
The new retail math, smaller footprint, faster returns, sharper focus
The US retail industry is passing through one of its most impactful change in decades. What appears on the surface... Read more
The Operator Economy: China is rewriting the rules of global brand ownership
For decades, Western brands relied on centralized control over design, distribution, merchandising, and retail expansion in China market. That model... Read more
US cotton blacklist reshapes global textile supply chains
The US’ latest expansion of the Uyghur Forced Labor Prevention Act (UFLPA) Entity List is more than another trade sanction.... Read more












