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Australia and Japan and a number of Asia-Pacific nations have joined the CPTPP - the reality is that the main driving force has been a mission to build a tradin
by token78 6y ago
Australia and Japan and a number of Asia-Pacific nations have joined the CPTPP - the reality is that the main driving force has been a mission to build a trading coalition in which the participating states can extricate themselves (and the supply chains of their businesses) from what has become a dependency on cheap Chinese goods/manufacture. Hot take - embracing the trans-pacific partnership is the best thing we can do to contain the rising influence and ambitions of Xi Jinping's China.
- mmm_grayons 6y agoYou're absolutely right. The thing America most needs to do is open her borders to truly free trade with the world, with the exception of Red China and a few other nations we want to topple. More than that, we need to build free trade areas (of which we are a part) in those areas, strengthening them further against her influence. We need everyone else on our side and that's a great way to make progress towards that goal.
- chadcmulligan 6y agoIndeed you can't trade with a partner who uses trade as a weapon - it does occur to me that china thinks the same of the US. We're just the smaller monkey getting hit down the line.