Friday, 5 February 2016

TPP Tobacco Exception Proves the New Rule in Trade (Thomas J. Bollyky, CFR)

This week, the United States and eleven other countries signed the Trans-Pacific Partnership (TPP), a regional trade deal that is the centerpiece of U.S. international economic policy and President Obama’s pivot toward Asia. Now the deal goes to Congress for approval, where opposition is rising. One hot topic in the congressional debate isn’t about what the TPP includes, but what it excludes. The TPP is the first U.S. trade deal to exempt antismoking measures from the lawsuits that investors may bring under the agreement.

http://www.cfr.org/trade/tpp-tobacco-exception-proves-new-rule-trade/p37509

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