Former officials are practically begging Biden to revisit the controversial trade agreement, arguing that “China must be isolated.“
The post The TPP Was All but Dead, Now DC Think Tanks Are Quietly Urging Biden to Bring It Back appeared first on MintPress News.
US Secretary of State Mike Pompeo, center, standing told a gathering at the German Marshall Fund, on Dec. 4, 2018, that the liberal world order has been allowed to “corrode.” He also criticized UN peacekeeping work and UN climate-change mitigation efforts. SERGE VANDENDRIESSCHE/GERMAN MARSHALL FUND
European Commission President Jean-Claude Juncker, left, greets Japanese Prime Minister Shinzo Abe on arrival at the Europa building in Brussels, March 21, 2017. (AP/Virginia Mayo)
As Brexit talks begin in earnest, the European Union’s army of trade negotiators is finalizing what is set to become their biggest deal yet — JEFTA, a wide-reaching financial agreement with Japan.
Health and Human Services Secretary Tom Price speaks outside the White House. (AP/Andrew Harnik)
In the spring before the 2016 presidential election, the Obama administration’s 12-nation trade agreement known as the Trans-Pacific Partnership, or TPP, was still alive. Negotiators worked on details as Congress considered whether to ratify the pact.
A man holds a newspaper as he looks at an electronic board displaying stock prices at a brokerage house in Beijing, China, Dec. 5, 2016. (AP/Andy Wong)
Moments ago, all three main US FX pairs, the yen, euro and yuan snapped higher, following a CNBC report according to which the Trump administration is studying ways to penalize countries whose currencies it believes are undervalued. CNBC cited two unidentified people with direct knowledge of the review who work within the administration.
A crowd cheers as Republican presidential candidate Donald Trump speaks at a campaign rally in Baton Rouge, La., Thursday, Feb. 11, 2016. (AP/Gerald Herbert)
PROVIDENCE, Rhode Island — The world is in the midst of a tremendous political and global shift, with the rise of populism in the United States and Europe, largely in response to broader economic and social trends which have been materializing in recent decades.
The TPP is officially dead, but what are the repercussions?
The TPP has not been popular among many Republicans and some sectors of the US workforce. People attend a rally protesting the Trans-Pacific Partnership (TPP) in Maui, Hawaii, the United States, July 29, 2015 [Xinhua]
International media pundits are warning that America’s retreat from the Asia-Pacific as it abandons the Trans-Pacific Partnership (TPP) is not only indicative of US President Donald Trump’s commitment to isolationist and protectionist policies, but also paves the way for other countries to step in and fill the vacuum.
