Last year, Congress passed three trade deals with foreign countries — South Korea, Panama, and Colombia. Although these deals were referred to in mainstream political debate as “free trade” agreements, the truth is that all three agreements protected certain industries over others rather than completely drop trade barriers. The agreements, like past free trade pacts, also favor multinational corporation interests over those of workers and U.S. jobs and over protection of health, safety and the environment.
The nonpartisan Economic Policy Institute estimates that the Korean trade deal alone would cost 159,000 net American jobs. President Obama, a
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