https://www.nytimes.com/2017/06/28/opinion/trump-china-asia-pacific-trade-tpp.html
I was a moderate Sanders supporter, but Obama, not Bernie Sanders -- and certainly not Trump -- was right about the TPP. One of the reasons I felt Hillary wasn't a good leader is because she supported and then cowered away from Obama's position (a centrist position, to be sure) and moved towards Bernie Sanders out of political expediency. Donald Trump withdrawing from TPP was, quite simply, an economic/trade fellatio to China. And they view him and America as chumps for ceding this agreement and the rules of trade to them.
(Trump was so ignorant about TPP that when he was asked about it in a campaign debate in November 2015 he suggested that China was part of it, which it very much is not.)
Trump simply threw away the single most valuable tool America had for shaping the geo-economic future of the region our way and for pressuring China to open its markets. Trump is now trying to negotiate trade openings with China alone — as opposed to negotiating with China as the head of a 12-nation TPP trading bloc that was based on U.S. values and interests and that controlled 40 percent of the global economy.
It is hard to think of anything more stupid. And China’s trade hard-liners are surely laughing in their sleeves.
“When Trump did away with TPP, all your allies’ confidence in the U.S. collapsed,” a senior Hong Kong official told me.
“After America stopped TPP, everyone is now looking to China,” added Jonathan Koon-shum Choi, chairman of the Chinese General Chamber of Commerce, Hong Kong. “But China is very smart — just keeping its mouth shut.”
I was a moderate Sanders supporter, but Obama, not Bernie Sanders -- and certainly not Trump -- was right about the TPP. One of the reasons I felt Hillary wasn't a good leader is because she supported and then cowered away from Obama's position (a centrist position, to be sure) and moved towards Bernie Sanders out of political expediency. Donald Trump withdrawing from TPP was, quite simply, an economic/trade fellatio to China. And they view him and America as chumps for ceding this agreement and the rules of trade to them.
