With the votes in for the “Super Tuesday 2” primaries, we’re closer than ever before than narrowing which candidates is going to be competing in November to make life worse for Canadians. Because, regardless of who is ultimately elected, the present trend in the U.S. is for a significantly different coalition of interests both in parties – each one of these threatening to make our way of life here less comfortable compared to past.
Post-election, expect the U.S. to become more protectionist, inward looking and disquieted by global developments. Both parties now have a big part within their respective primaries supporting politicians who argue towards “wall building” – trade barriers and border security. Although the U.S. economy is healing, with a rebound in manufacturing, American politicians play to lingering memories of job losses and stagnant middle-class incomes.
On the Democratic side, Bernie Sanders is dead set from the Trans-Pacific Partnership Agreement, arguing the deal is really a Wall Street plot to consider advantage of low wages in countries like Vietnam, where labourers earn a minimum US$0.56 an hour. During the Michigan primary, he argued that Detroit’s death has been because of disastrous trade policies (translation: NAFTA).
Hillary Clinton has pirouetted from a pro-TPP position to now being against “ObamaTrade,” as a Mr . trump adviser has slyly dubbed it. This week, Clinton explained that she wants the “rules of origin” terms of the TPP made stricter because American autoworker tasks are unprotected by rules that eliminate tariffs on cars created using just 45 percent of their value from a member country (meaning the remainder might be made in China). This sticking point could effectively get rid of the agreement.
Consider the (TPP) deal just like dead within the U.S.
Neither are the two leading Republican candidates strong supporters of free trade. Arguing the American worker has been crushed, Donald Trump makes it clear he wants no part of the TPP. He has also lamented job losses to Mexico under NAFTA and criticizes China’s most-favoured nation status, and demands a renegotiation of both. Although Ted Cruz says he generally supports free trade, he wrote an article for the conservative Breitbart magazine, opposing the TPP as a backroom deal by politicians that should be stopped.