Countries in the Trans Pacific Partnership (TPP) trade deal have agreed on the core elements to move ahead without the United States, officials said on Saturday, after last minute resistance from Canada raised new doubts about its survival.
Read more at http://www.channelnewsasia.com/news/world/tpp-trade-deal-advances-without-united-states-9397580 (Updated: )
Great that TPP is able to advance with the 11 Countries - and with worker protection. This will help to promote trade, business and investment.
Trump trade policies and "America First" policy will not go well with anyone - and is global de-multiplier effect.
China's President Xi Jinping used the same forum to stress multilateralism and said globalisation was an irreversible trend - is a global multiplier effect and will go down well with many Countries.
Trump trade policy is mypoic, short term gain - but in long run will lose its strategic advantage. It will blunt US political mileage, economic mileage and social mileage in the long run to China.
No comments:
Post a Comment