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Opponents of President Obama’s Pacific Rim trade pact are seizing on a new lawsuit over the Keystone XL oil pipeline in an attempt to galvanize opposition in Congress.

Environmental groups, trade groups and labor unions say TransCanada’s attempt to secure $15 billion in compensation for the rejection of Keystone under the North American Free Trade Agreement (NAFTA) is emblematic of how trade agreements favor corporate interests, harm workers and undermine U.S. law.

They warn the case is just a preview of what’s to come if lawmakers approve the Trans-Pacific Partnership (TPP), a 12-nation deal that contains new investor-state dispute settlement (ISDS) rules.

Continue reading:  Critics of Obama trade pact seize on Keystone dispute

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