tech companies (1)

Admin

Big Tech Lost A Boatload When Trump Killed TPP

1291359?profile=RESIZE_480x480The giant international trade deal known as the Trans-Pacific Partnership died last week. It was supposed to be the largest regional trade deal in history.

The TPP itself was a massive 30-chapter lawbook that would have freed access to markets for things like car manufacturing, data storage, online commerce, intellectual property and medicines.

Hoards of technology and media companies supported the trade deal. Google was pro TPP. As was Microsoft, Apple and Facebook. The Motion Picture Association of America supported it too. The deal would have allowed them to make it easier to store user data across borders, offer stricter copyright protections and clamp down on digital pirating.

President-elect Donald Trump positioned his opposition to the trade deal as one of the defining issues of his campaign. He compared the TPP to the North American Free Trade Agreement of the 1990s that allowed U.S. manufacturers to move jobs to Mexico.

President Obama, on the other hand, was betting on th

Read More, Comment and Share......

We welcome you to post a blog entry, oped or share your daily reading with us as long as it is relevant to the topic of investing and not an attempt to sell a product, proprietary strategy, platform or other service. Please provide links to any research data and if re-posting other articles, give credit where credit is due providing a back link to the original site.

300 words minimum per post. You may also sort by category or search by topic. Don't forget to comment and please "share" via Facebook, Twitter and Google+. If you have any questions, please contact us.

FOLLOW STOCKBUZ

__________________

This is a member-supported site. Please donate when you can to help pay the rent. Thank you!

Stay Informed. Sign up for the FREE StockBuz eNewsletter

________________

Investing involves substantial risk. All content is subject to StockBuz disclaimer.

Create Income With Option Spreads

All content on StockBuz.net is subject to disclaimer and Terms of Service