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25 Jan 2018 03:47PM
Ricky Lim ·
Trump's "America First" policies in trade - will end up as "America Last" in the eyes of Global Leaders.
(1) TPP-11 (CPTPP) - has been concluded without US - since Trump rescinded. US businesses lose out in TPP businesses.
(2) If Trump decide to rescind NAFTA - both Canada and Mvexico - find solace in FTA between them and EU as well as the just concluded TPP-11.
(3) Asia is negotiating the RCEP - without US.
(4) Trump stop EU-US FTA and EU go ahead with FTA with other Countries minus US.
So what does Trump secure for US in terms of trade deals --- a "BIG FAT NIL" --- this is the outcome of Trump "America First" trade policies --- "America Last and Nil" outcome.
(1) TPP-11 (CPTPP) - has been concluded without US - since Trump rescinded. US businesses lose out in TPP businesses.
(2) If Trump decide to rescind NAFTA - both Canada and Mvexico - find solace in FTA between them and EU as well as the just concluded TPP-11.
(3) Asia is negotiating the RCEP - without US.
(4) Trump stop EU-US FTA and EU go ahead with FTA with other Countries minus US.
So what does Trump secure for US in terms of trade deals --- a "BIG FAT NIL" --- this is the outcome of Trump "America First" trade policies --- "America Last and Nil" outcome.
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Ricky Lim ·
Ricky Lim ·
Trump in Davos should boast how many FTA did he secured under him?
Answer :- Zero !
Answer :- Zero !
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