News / Economic Divide

Trade agreements: False promise of greater income

Friday, 28 August 2015 4:20 AM [ Last Update: Monday, 16 November 2015 10:53 AM ]

Activists stage a protest against the US-EU Transatlantic Trade and Investment Partnership (TTIP), or Transatlantic Free Trade Agreement (TAFTA), outside the European Commission in Brussels, on December 9, 2014. (AFP Photo)

Trade agreements are meant to increase the income of the average worker through exports. It is also meant to increase productivity and government revenues. But the promise of change that is meant to be transatlantic is a false promise of rule by corporations.

The US has been the front-runner in making sure trade agreements are enacted between continents mainly because most major companies and corporations are in the US and they would be the ones who would benefit.

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