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US free trade agreements typically allow foreign, private companies to sue governments who make laws which can be seen to harm profits. How does that reconcile with the article saying that the solution is strong, active local governments?
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# ¿ Jul 22, 2015 10:22 |
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# ¿ May 15, 2024 21:41 |
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asdf32 posted:Mostly because that Tea-Party esque fear over sovereignty is unjustified based on past experience with trade agreements. There have been a few examples of countries being successfully sued over public health or environmental laws and a few cases ongoing. It's not directly applicable to the labour laws stuff in the OP but ISDS clauses are a legit thing to be concerned about. I'm not really sure what the tea party has to do with it though, I'm not from the US.
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# ¿ Jul 22, 2015 23:52 |