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| www.beroeinc.com/infographics/trans-pacific- partnership-tpp-trade-deal/ |
It looked like the U.S was heading in the direction of the TPP Trump pulls out of deal. After having his advisers look into the contract, he was turned away from the deal because of our ongoing trade dispute with China that could hit Midwestern agriculture particularly hard. He was also convinced of the security benefits of binding Asian allies ever closer together as a rising China exerts its territorial ambitions. On Tuesday Trump took to twitter “While Japan and South Korea would like us to go back into TPP, I don’t like the deal for the United States. Too many contingencies and no way to get out of it if it doesn’t work. Bilateral deals are more efficient, profitable and better for OUR workers.” What this means to me is that he wants the keep our jobs in the U.S, but these are the types of things that people get upset about and with China's territorial ambitions, t’s revamped Cabinet might have convinced Trump likes benefits of binding Asian allies.
http://www.startribune.com/trump-wrong-about-tpp-again/480423693/
Throughout your blog post you have been talking about when Trump will make his decision and what it will be, so I really like how you gave us all the information about his decision.
ReplyDeleteIt seems that Trump just does not like being in agreements with other countries. I am curious to see what would had happened if he signed the deal.
ReplyDeleteIt's often easier to keep jobs in the US when companies here are able to import components for manufacturing without paying tariffs, and when workers (like us) can buy clothing to go to work without paying more than our pay checks to dress :-). While the latter may be an exaggeration, it is worth reflecting the consequences of trade policy.
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