US pulls out of Trans-Pacific Partnership
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US pulls out of Trans-Pacific Partnership
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Re: US pulls out of Trans-Pacific Partnership
#2TPP felt to me one of the issues that really defined the Trump campaign and the voters it appealed to. I think Clinton eventually [0] took a public stance against the TPP, but ignoring the public's perception of her relation to the truth, she clearly did not prioritize the dismantling of TPP in the way that Trump did. In fact, it's really hard to imagine her undoing President Obama's work were she in office.
If someone believes international free trade is the cause of the gutting of American manufacturing and by proxy, local/regional economies, it's hard to argue that Clinton presented little more than nominal lip service to the cause, at least compared to the way that Trump and Sanders made it a core priority of their campaign and stump speeches.
[0] http://www.latimes.com/politics/la-na-pol-trade-tpp-20160926...
Re: US pulls out of Trans-Pacific Partnership
#3Interestingly at today's White House Press Briefing, a reporter asked the Press Secretary whether the Trump Administration thought that it could surround/contain China with bilateral trade agreements the way that the TPP had intended to do on a multilateral basis.
China has a couple of free trade deals in the region. It has a multilateral effort (RCEP) which is somewhat stalled and primarily pursued bilateral trade agreements.
This may put American and China toe-to-toe in reaching agreements with Asian Pacific states. There’s a question about the quality of the trade deals that can be reached, if the target nations are clever enough to play Beijing and Washington off against one another.
The Trump Administration has suggested that bilateral agreements are better because they don’t devolve into “least common denominator” the way multilateral deals do; and that they also allow the deals to be quickly withdrawn from or renegotiated to account for new realities.
Re: US pulls out of Trans-Pacific Partnership
#4TPP felt to me one of the issues that really defined the Trump campaign and the voters it appealed to. I think Clinton eventually [0] took a public stance against the TPP, but ignoring the public's perception of her relation to the truth, she clearly did not prioritize the dismantling of TPP in the way that Trump did. In fact, it's really hard to imagine her undoing President Obama's work were she in office. If someo…
This Podesta email isn't one of the DKIM-signed ones, but it shows that Clinton was ultimately going to support TPP regardless of what she was saying:
https://wikileaks.org/podesta-emails/emailid/6616
(note the email is from 2015)
As for Trump, he's done 2 of the "Seven actions to protect American workers" he promised for the first 100 days in office (PDF):
https://assets.donaldjtrump.com/_landings/contract/O-TRU-102...
Re: US pulls out of Trans-Pacific Partnership
#5I'm not that into the TPP from what I've read of it, but doesn't bailing on it just open the door for China to take the leadership role and dictate commerce norms for those still involved?
Re: US pulls out of Trans-Pacific Partnership
#6I'm not that into the TPP from what I've read of it, but doesn't bailing on it just open the door for China to take the leadership role and dictate commerce norms for those still involved?
Probably. The question is whether or not the US can still negotiate a better trade deal on our terms, but China will definitely seize this chance to propose their own less-drama version for other Pacific countries.
Re: US pulls out of Trans-Pacific Partnership
#7I'm not that into the TPP from what I've read of it, but doesn't bailing on it just open the door for China to take the leadership role and dictate commerce norms for those still involved?
Probably. The question is whether or not the US can still negotiate a better trade deal on our terms, but China will definitely seize this chance to propose their own less-drama version for other Pacific countries.
The results of Trump's actions WRT TPP are a couple years down the road. By dismantling the TPP now he reaps the political benefits, leaving the negatives for later. This allows him to expand on his agenda.
Re: US pulls out of Trans-Pacific Partnership
#8TPP felt to me one of the issues that really defined the Trump campaign and the voters it appealed to. I think Clinton eventually [0] took a public stance against the TPP, but ignoring the public's perception of her relation to the truth, she clearly did not prioritize the dismantling of TPP in the way that Trump did. In fact, it's really hard to imagine her undoing President Obama's work were she in office. If someo…
This Podesta email isn't one of the DKIM-signed ones, but it shows that Clinton was ultimately going to support TPP regardless of what she was saying: https://wikileaks.org/podesta-emails/emailid/6616 (note the email is from 2015) As for Trump, he's done 2 of the "Seven actions to protect American workers" he promised for the first 100 days in office (PDF): https://assets.donaldjtrump.com/_landings/contract/O-TRU-102…
No it doesn't, or at least not as far as I can read. A summary of that email is
> Here is a letter I've drafted outlining our position on trade. This draft assumes that Clinton will ultimately support the TPP and TPA, but we may change the letter dramatically if Clinton does not end up supporting the TPP and TPA (ostensibly because the final agreement doesn't cause a net gain in jobs).
Re: US pulls out of Trans-Pacific Partnership
#9TPP felt to me one of the issues that really defined the Trump campaign and the voters it appealed to. I think Clinton eventually [0] took a public stance against the TPP, but ignoring the public's perception of her relation to the truth, she clearly did not prioritize the dismantling of TPP in the way that Trump did. In fact, it's really hard to imagine her undoing President Obama's work were she in office. If someo…
This Podesta email isn't one of the DKIM-signed ones, but it shows that Clinton was ultimately going to support TPP regardless of what she was saying: https://wikileaks.org/podesta-emails/emailid/6616 (note the email is from 2015) As for Trump, he's done 2 of the "Seven actions to protect American workers" he promised for the first 100 days in office (PDF): https://assets.donaldjtrump.com/_landings/contract/O-TRU-102…
[deleted]
Re: US pulls out of Trans-Pacific Partnership
#10Earlier quoted context omitted.
This Podesta email isn't one of the DKIM-signed ones, but it shows that Clinton was ultimately going to support TPP regardless of what she was saying: https://wikileaks.org/podesta-emails/emailid/6616 (note the email is from 2015) As for Trump, he's done 2 of the "Seven actions to protect American workers" he promised for the first 100 days in office (PDF): https://assets.donaldjtrump.com/_landings/contract/O-TRU-102…
No it doesn't, or at least not as far as I can read. A summary of that email is > Here is a letter I've drafted outlining our position on trade. This draft assumes that Clinton will ultimately support the TPP and TPA, but we may change the letter dramatically if Clinton does not end up supporting the TPP and TPA (ostensibly because the final agreement doesn't cause a net gain in jobs).
Handy having a plan with contingency for a 180 degree pivot on her position.