Three days after his inauguration, Donald Trump pulled America out of the Trans-Pacific Partnership (TPP), calling it a very bad deal.

He said it was the fulfillment of a campaign promise.  What he, in fact, did was sign away new markets for American car makers, farmers and drug companies, potentially losing 100,000 jobs.

While at first, the TPP was considered dead in the water without America, soon Austria, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam decided to go on without America.

During the earlier negotiations, almost all of the concessions were given to America since it was the biggest player.

Without America, many of the side deals to appease our country will not longer be needed, making the trade deal even more beneficial to the counties involved

The other trade deal, Association of Southern Asian nations (ASEAN), which includes Japan, South h Korea, Australia, new Zealand, India and China, will flourish, enhancing China’s position as the new world leader in economic trades, relegating America to a secondary status.

What Mr. Trump has done is damage America’s credibility, lessen its importance on the world stage and set up China as the new prime mover of economic trade and investment.

Thanks, Donald.

Facebooktwittergoogle_plusredditpinterestlinkedinmailby feather

If you appreciate my articles, please check out my books. I think you'll really enjoy them Just use the link below to go directly to my website.

Leave a Reply

Your email address will not be published. Required fields are marked *