International Association of Machinists and Aerospace Workers (IAM) President Tom Buffenbarger said that the TPP was negotiated in secret by multinational corporations that have no allegiance to any country, which will provide jobs to nations that lack basic human rights and labor standards such as Vietnam, Malaysia, Brunei and Mexico.

WASHINGTON (Sputnik) — The Trans-Pacific Partnership (TPP) agreement will export American jobs to countries that use slave labor, demonstrating a new nadir in the impact of corporate control of US trade policy, International Association of Machinists and Aerospace Workers (IAM) President Tom Buffenbarger said in a press release on Monday.

"Unfortunately, the recently concluded Trans-Pacific Partnership (TPP) represents a new low in corporate dominance of our nation’s trade agenda," Buffenbarger stated. "TPP will facilitate the export of American jobs to countries…which lack fundamental labor rights, some of which even engage in slave labor."

On Monday, trade ministers from the twelve countries involved in the TPP trade agreement announced that they had concluded negotiations.

Buffenbarger also argued that the TPP was negotiated in secret by multinational corporations that have no allegiance to any country, which will provide jobs to nations that lack basic human rights and labor standards such as Vietnam, Malaysia, Brunei and Mexico.

"As job and income growth continue to stagnate, Americans know that the economic system is rigged against them and the TPP is just the latest example," he claimed. "Congress must put the American people first and reject this deeply flawed trade agreement."

Under legislation passed by Congress in June that allows the president to fast-track the TPP trade agreement, US lawmakers have 90 days to review the full text of the deal before giving it a final vote of approval or disapproval.