November 13, 2017

THE OBJECTIVELY ANTI-AMERICAN PRESIDENT:

New Pacific trade deal could leave U.S. playing catchup (Daniel Shane, 11/13/17, CNNMoney)

Brokered on the sidelines of a summit of Pacific nations in Vietnam, the initial accord is "a huge, huge step forward," said Alexander Capri, a senior fellow at National University of Singapore's Business School. [...]

Trump has expressed preference for negotiating one-on-one trade agreements with other countries, saying he can ensure a better deal for American workers.

But remaining TPP members like Japan and Vietnam, whom Trump visited on his Asia tour, will be less inclined to do one-on-one trade deals with the U.S. if the new TPP is finalized soon, according to Capri.

"The Trump team basically just wants to pound these guys into submission," he said. "No trade partner of the U.S. wants to do a bilateral with them."

Posted by at November 13, 2017 7:55 AM

  

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