When the recent APEC (Asia-Pacific Economic Cooperation) Summit convened in Honolulu, Hawaii, Nov. 8-14,  the 21-member organization released the “Outline of the Trans-Pacific Partnership Agreement” (TPP), a proposed pact that would include nine APEC members: the United States, Vietnam, Singapore, Brunei, Malaysia, Peru, Chile, New Zealand and Australia.
The agreement is President Obama’s first opportunity to negotiate a brand-new trade agreement that’s not based on the model of the North American Free Trade Agreement (NAFTA), one that would provide jobs and opportunities for working families rather than solely benefiting global corporations.