Trans Asian Trade Agreement
The Electronic Frontier Foundation criticized the leak of the proposed chapter on intellectual property, which covers copyright, trademarks and patents. In the United States, they believed that this would further strengthen controversial aspects of U.S. copyright (such as the Digital Millennium Copyright Act) and limit Congress` ability to participate in national law reform to meet the evolving intellectual property needs of U.S. citizens and the innovative technology sector. The standardization of copyright rules by other signatories would also require significant changes to copyright law in other countries. These include, according to the EFF, the obligation for countries to extend copyright rules, to limit fair dealing, to impose criminal sanctions for copyright violations that are not commercially motivated (for example. B, sharing copyrighted digital media files), taking on greater responsibility for internet intermediaries, strengthening the protection of digital blockages and creating new threats to journalists and whistleblowers.  “It really offers no kind of disciplines or constraints that would change China`s economic model,” says Chad Bown, a business economist at the Peterson Institute for International Economics. The RCEP was negotiated on the basis of the ASEAN framework and based on what is included in the existing ASEAN-1 free trade agreements without replacing them. However, experts have found that there are considerable differences between ASEAN-1 free trade agreements, making it more difficult for a comprehensive agreement between the RCEP countries. Conversely, the CPTPP was an initiative that was launched from a trans-Pacific economic partnership with four countries, in which Brunei Darussalam, Chile, New Zealand and Singapore participated, in a comprehensive agreement that often went far beyond the provisions and themes covered in existing trade agreements, particularly in areas such as DenR IpRs.
ISDS cannot ask governments to overturn local laws (unlike the World Trade Organization) that violate trade agreements  but may award damages to investors affected by these laws.  As noted by the Office of the United States Trade Representative, isds requires specific infringements and does not allow companies to sue solely for “loss of profits.”  In a speech on the 2016 presidential campaign, Republican presidential candidate Donald Trump promised to withdraw the United States from the Trans-Pacific Partnership if elected. He argued that the agreement would “undermine” the U.S. economy and its independence.   On November 21, 2016, in a video message, Trump outlined an economic strategy to “put America first” and said he would “negotiate fair bilateral trade agreements that will bring jobs and industry back to U.S. shores.” As part of the plan, Trump confirmed his intention to see the United States withdraw from the Trans-Pacific Partnership for his first day in office.    McConnell argued that the TPP would not be taken into account at the lame meeting of the congress ducks before Trump`s inauguration.  Michael R.