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t the beginning of 2017, the U.S. was set to lead an almost identical Asia-Pacific deal that excluded China, called the Trans-Pacific Partnership, or TPP. But Trump scuttled the TPP immediately after his inauguration. It had been negotiated by the Obama Administration.
Is she ignorant of the fact that Hilary Clinton also said that she would withdraw from the agreement? Or is she just assuming that Clinton was lying (which would help explain why she lost)?

Incidentally, one of the reasons for all the opposition to the TPP was those ISDS courts. If TPP was so important to fight the Chinese, the supporters could have got that part removed from the agreement (such clauses seem to be missing in these new Chinese deals). Why the insistence on blaming Trump when the Democrats are just as "guilty"?

by gk (gk (gk quattro due due sette @gmail.com)) on Thu Dec 31st, 2020 at 05:29:31 PM EST
What Is the Trans-Pacific Partnership (TPP)? | CFR |

The Trans-Pacific Partnership (TPP) was the centerpiece of President Barack Obama's strategic pivot to Asia. Before President Donald J. Trump withdrew the United States in 2017, the TPP was set to become the world's largest free trade deal, covering 40 percent of the global economy.

For its supporters, such a deal would have expanded U.S. trade and investment abroad, spurred economic growth, lowered consumer prices, and created new jobs, while also advancing U.S. strategic interests in the Asia-Pacific region. But its detractors, including Trump, saw the deal as likely to accelerate U.S. decline in manufacturing, lower wages, and increase inequality.

With the United States on the sidelines, the remaining TPP countries have forged ahead with a new version of the pact, known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), keeping most of the original intact. U.S. President-Elect Joe Biden has said he does not support rejoining the TPP as it stands, but that he may try to renegotiate it to include stronger labor and environmental provisions.

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by Oui on Thu Dec 31st, 2020 at 07:12:39 PM EST
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