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This past Thursday, Presidential hopeful and former Vice-President Joe Biden announced he would renegotiate the Trans-Pacific Partnership (TPP) and would not rejoin the TPP as it was initially put forward.
The irony in Vice-President Biden’s statement is his boss was a strong advocate of TPP and tried to push the agreement through before the end of his presidency.
Joe’s main reason to negotiate the TPP is to change provisions that labor and environmental groups in the US worried would result in US jobs moving to lower-income countries such as Vietnam along with other developing countries in Southeast Asia.