- The Korea agreement is the largest offshoring deal of its kind since NAFTA. If enacted, it likely will displace 159,000 U.S. jobs, mostly in manufacturing. And its glaring loopholes would allow unscrupulous businesses to import illegally labeled goods from China and possibly even from sweatshops in North Korea—potentially without any tariffs at all.
- In Colombia, one trade unionist is murdered almost every week and almost none of the murderers is brought to justice. In 2010, 51 trade unionists were assassinated in Colombia—more than in the rest of the world combined. So far in 2011, another 22 have been killed, despite Colombia’s heralded “Labor Action Plan.” Would we reward a country where 51 CEOs were killed last year?
- And the Panama agreement has many of the problems of the other two deals, like deregulating big banks and letting foreign investors bypass U.S. health, safety, labor and environmental laws. Panama is also a tax haven: a place where tax-dodging, money-laundering millionaires and billionaires hide their money.
What can you do?