Trump Talks TPP, but Trade Partners Say, Not So Fast
President Donald Trump is talking again about getting the U.S. into a Pacific Rim trade agreement. But any serious effort to do so would be fraught with difficulty, not least because Mr. Trump is demanding a “substantially better” deal than Washington got two years agoRead full story
Trump pulled out of TPP for domestic political reasons; now he’s thinking of rejoining because of China and a looming trade skirmish. Except the remaining TPP signatories aren’t wild of letting the US back in; partly because they can’t tell if he’s serious, and partly for… their own domestic political reasons. Geopolitics isn’t without a sense of irony.
For our sake I hope that there is an opportunity to re-enter the agreement. The risk that Trump is comfortable with may work for real estate deals where the worst case is bankruptcy. It is a untenable on a global stage.
The leverage is now gone. Will someone let the great negotiator know?
The US left TPP as a result of political differences. Without saying the original TPP was a bad deal, TPP without America means growth on par or slightly above inflation for the 11 member nations. TPP workout America is a trade agreement, but for what? The recent escalations of China and America, in retrospect, may reignite TPP with stronger protections for copyrights and patents. A global deal is a better deal. Now it’s a waiting game - will Trump change his mind?
Do Not Be Disalusioned
There is and cannot be such a thing as
"Free Trade" to a country that pays Shit Wages to its population. Forget about tariffs. N A.F.T A.
For instance was a Joke. U S. Auto makers moved their factories down to Mexico like they were getting Free Land and Free Labor. Oh shit wait a minute the are.
Maybe he learned how the president works in Globalization times.
If he decided to continue NAFTA and TPP,no reason for him to stay in House.
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