Trump Is China’s Chump
But the TPP would have been a disaster for the US! Why is Trump being being castigated for getting rid of this abomination?
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Having just traveled to New Zealand, Australia, South Korea, China, Taiwan and now Hong Kong, I can say without an ounce of exaggeration that more than a few Asia-Pacific business and political leaders have taken President Trump’s measure and concluded that — far from being a savvy negotiator — he’s a sucker who’s shrinking U.S. influence in this region and helping make China great again. Trump simply threw away the single most valuable tool America had for shaping the geo-economic future of the region our way and for pressuring China to open its markets... Just to remind: TPP was a free-trade agreement that the Obama team forged with Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. It was not only the largest free-trade agreement in history, it was the best ever for U.S. workers, closing loopholes Nafta had left open. “When Trump did away with TPP, all your allies’ confidence in the U.S. collapsed,” a senior Hong Kong official told me. “After America stopped TPP, everyone is now looking to China” |
But the TPP would have been a disaster for the US! Why is Trump being being castigated for getting rid of this abomination?
via International Skeptics Forum http://ift.tt/2szGqwU
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