Report
Report on the Impacts of the TPP
… Free Trade Agreement began the fundamental shift of auto assembly and auto parts production from the U.S., with massive outsourcing of production to Mexico. Under NAFTA, 62.5 percent of the value of a vehicle must originate in the signatory … requirement, the factory will not simply disappear at the end of the contract. Instead, it can become a less expensive outsourcing alternative to U.S. production. The transfer of this production, both during and after the transition period, … the driving force behind the TPP. This terminology “utilization of global value chains” is simply a euphemism for further outsourcing of production and offshoring of jobs to maximize profit-making potential for multinational companies without …