Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
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.

Clinton's TPP controversy: What you need to know

Trump using muscle to establish military power in SE Asia ...

Why is the South China Sea contentious? | BBC News - July 2016 |
Special Report: U.S. rearms to nullify China's missile supremacy

Policy of confrontation to stay as the single global superpower.

Globalization, Trans-Pacific Partnership and TTIP

The Trans-Pacific Partnership: Empowering Corporations to Attack Nations

Protests in Brussels as talks on EU-US trade deal falter  [Thank goodness]

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

Others have rated this comment as follows:

Display:

Occasional Series