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TPP withdrawal Trump's first executive action Monday, sources say

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M

MThanded

I Was There! Official L Receiver 2/12/2016
T

tbm24

Member
It's going to be amusing seeing him negotiate a deal about with the Asia pacific region now that he's throwing away US leverage.
 
V

Volimar

Member
Yeah, that thing was dead in the water unless Obama tried pushing it through. I think it's gonna end up being a dozen smaller trade deals.
 
sazzy

sazzy

Member
Meanwhile, China is full steam ahead on their multi billion One Belt, One Road strategy

B7yFq5S.png
 
UberTag

UberTag

Member
Sinfamy said:
Good.

Now I won't be surprised if he just "negotiates" the same thing with a different name.
Click to expand...
Hopefully global leaders don't humor Trump on this "equivalent deals with a different name to make him look good" nonsense.
If all he wants to do his put the Trump stamp on the same deal let him offer concessions over what was in place before.
 
kruis

kruis

Exposing the sinister cartel of retailers who allow companies to pay for advertising space.
Many left-wing Europeans welcome the collapse of TPP negotiations. Good riddance to bad rubbish I'd say.

Oh wait. This is TPP, not TTIP.
 
B

bobnowhere

Member
Australia will undoubtedly sign the first thing that Trump presents, we'll literally bite his hand off such is the current governments zeal for any sort of trade deal no matter how one sided.

"So we will completely destroy our car manufacturing industry, pretty much the rest of the secondary manufacturing industry and sell all our natural gas to you at a rate one half as everyone else in Australia pays and you'll in five years drop your import tariffs on wine from 21% to 17%? Sounds like a great deal, where do we sign?"
 
F

faint.

Member
The only positive thing that will come from his presidency.

I also have a feeling Trump will be trigger happy with executive orders, and since the GOP is in full control, there's not much hope.
 
andythinkpad

andythinkpad

Member
Volimar said:
Yeah, that thing was dead in the water unless Obama tried pushing it through. I think it's gonna end up being a dozen smaller trade deals.
Click to expand...

It's going to end up with a China led regional trade deal without United States being part of it just like the AIIB. US doesn't even trade with South East Asia that much.
 
S

Steejee

Member
Abelard said:
Well, Trump does something good for once. He can only follow up to this incredible action by leaving office!
Click to expand...

Go out on top, eh? He's already taken the George Castanza strategy on for shrinkage, might as well do it for leaving a room while at your peak.

As for TPP, this is probably the least awful thing he'll do all term. On whole I think TPP would have been more good than bad, and now China will have their chance to increase their influence in regional trade in SE Asia, but this won't exactly be the end of the world.
 
Rentahamster

Rentahamster

Rodent Whores
One of the funniest things this election season was seeing a lot of people who were at first adamantly opposing the TPP all of a sudden moderate their position a lot for no other reason than because Trump opposed it too.
 
U

Ultramantaro1

Member
I think that's good. I'll admit my knowledge of the intricacies is limited, but I believe the TPP was widely reported to give too much power to corporations over governments. What I'm really worried about is when Trump sets his sights on NAFTA.
 
S

seanoff

Member
Gallbaro said:
More like 11th century maritime route, am i right?
Click to expand...

The first direct train from China arrived into the UK last week. There is already a service into the European mainland. That map is spot on.

They plan to expand the service quite quickly. It will allow trade in both directions.
 
S

StoOgE

First tragedy, then farce.
This is a terrible deal for regional power in Asia.

The aim of TPP was to eventually force China to the table to play by TPPs rule while giving developing economies a carrot to follow international trade rules and workers rights with open access to the US, Australia and Japanese markets along with investment in infrastructure.

Now China will continue to use Cambodia and now the Phillipenes to blunt any efforts by the ASEAN to blunt Chinese influence in the region.

This is bad for America, bad for the region, bad for the global environment, bad for US patent holders and will do nothing to stave off automation.

But, free trade, globalism and pluralism are now dirty words from a chunk of both sides of the aisle so here we are taking a rusty knife to our collective faces cheering the removal of our nose.
 
S

StoOgE

First tragedy, then farce.
Ultramantaro1 said:
I think that's good. I'll admit my knowledge of the intricacies is limited, but I believe the TPP was widely reported to give too much power to corporations over governments. What I'm really worried about is when Trump sets his sights on NAFTA.
Click to expand...

I hate it based on some untrue things I read on the internet! Also, Obama might not have been American? Hillary should be in jail? Climate Change probably isn't man made!

Remember kids, educate yourself. An ilinformed electorate doesn't just happen to Deplorables.
 
U

Ultramantaro1

Member
StoOgE said:
This is a terrible deal for regional power in Asia.

The aim of TPP was to eventually force China to the table to play by TPPs rule while giving developing economies a carrot to follow inter ational trade rules with open access to the US, Australia and Japanese markets.

Now China will continue to use Cambodia and now the Phillipenes to blunt any efforts by the ASEAN to blunt Chinese influence in the region.

This is bad for America, bad for the region, bad for the global environment, bad for US patent holders and will do nothing to stave off automation.

But, free trade, globalism and pluralism are now dirty words from a chunk of both sides of the aisle so here we are taking a rusty knife to our collective faces cheering the removal of our nose.
Click to expand...

See, I keep hearing arguments about how bad it is from both sides. It's moot now, but it's hard to know if the good outweighed the bad in the end. Hard to make a clear cut decision on this.
 
C

CarpeDeezNutz

Member
StoOgE said:
I hate it based on some untrue things I read on the internet! Also, Obama might not have been American? Hillary should be in jail? Climate Change probably isn't man made!

Remember kids, educate yourself. An I'll formed electorate doesn't just happen to Deplorables.
Click to expand...

Would you mind doing a Eil5? I am totally ignorant on what it entails.
 
S

StoOgE

First tragedy, then farce.
Ultramantaro1 said:
See, I keep hearing arguments about how bad it is from both sides. It's moot now, but it's hard to know if the good outweighed the bad in the end. Hard to make a clear cut decision on this.
Click to expand...

You could have read up on it. The good far far far outweighs the bad. Hell, it's a better deal for the US than any of the other developed nations in it. They were bending over backwards to get us what we needed.

Our agriculture and farming industry was about to invade Japan with massive amounts of exports.
 
O

OléGunner

Member
sazzy said:
Meanwhile, China is full steam ahead on their multi billion One Belt, One Road strategy

B7yFq5S.png
Click to expand...

The US is going to lose so much ground in places like Africa over the next four years.
The amount of efforts the Chinese are putting into the continent is staggering (recently gave $180 million for energy development in my home country).

People look up to the Chinese here (even with all their faults like underpaying workers) more than Americans now its crazy.

Edit:
Heh, this is even linked in that Huff post article someone linked above.
Trump May Actually Be The Greatest Gift China Could Ask For In Africa
 
A

Aurongel

Member
StoOgE said:
I hate it based on some untrue things I read on the internet! Also, Obama might not have been American? Hillary should be in jail? Climate Change probably isn't man made!

Remember kids, educate yourself. An ilinformed electorate doesn't just happen to Deplorables.
Click to expand...
Well that's a needlessly condescending thing to say to someone. Try educating instead of insulting, TPP is a very difficult topic for many to approach despite having legitimate interest in it. It also doesn't help that the general consensus on it flip flopped multiple times in the past year.

EDIT: that's better.
 
D

dramatis

Member
Ultramantaro1 said:
See, I keep hearing arguments about how bad it is from both sides. It's moot now, but it's hard to know if the good outweighed the bad in the end. Hard to make a clear cut decision on this.
Click to expand...
People had talked about why the TPP was good before the election, they were just drowned out by nationalism and populism—on the far ends of both sides.

The easy path is to reject globalization. The hard path is finding the answer on how to make globalization work for everyone.
 
U

Ultramantaro1

Member
StoOgE said:
You could have read up on it. The good far far far outweighs the bad. Hell, it's a better deal for the US than any of the other developed nations in it. They were bending over backwards to get us what we needed.

Our agriculture and farming industry was about to invade Japan with massive amounts of exports.
Click to expand...

I did read up on it. From credible sources (macleans, global, ctv etc.) the final argument seems to be that it's a bad deal for Canada, but not signing off on it and being left out would have been worse. Now, the American perspective might be different of course. With the US out, its over anyway.
 
M

Measley

Junior Member
This is one of the many issues I had with the populist message coming from Bernie and Trump. They outright misled rust belt workers into believing that they were going to bring their jobs back, and that the TPP was the first step in that process.

Unfortunately, backing out of this deal is going to have the opposite effect, and harm the US economy overall.
 
S

slit

Member
It was never going to happen anyway. It "sounds" bad to the masses on both sides of the political spectrum. You're not going to convince them otherwise. This country is now in a anti-globalization phase.
 
B

br3wnor

Member
I'm not well versed enough in the details of TPP to say if I'd be for or against it, but Clinton was going to back out of it too so it is what is it is. Whether it hurts or helps us in the long run will remain to be seen.
 
B

Banderdash

Member
StoOgE said:
You could have read up on it. The good far far far outweighs the bad. Hell, it's a better deal for the US than any of the other developed nations in it. They were bending over backwards to get us what we needed.

Our agriculture and farming industry was about to invade Japan with massive amounts of exports.
Click to expand...

I'm from one of those other developed nations.
It wasn't a great deal for us, & I'll not be sorry to see it go.
 
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