Remember the Trans Pacific Partnership?

[Mooshashi]

G.O.D. asked about how ***** has made us suffer...here is something more in line with the powers of the Presidency, who is given vast power as Head of State in the Constitution.

Virtually the first thing ***** did was to pull out of the Trans Pacific Partnership. He claimed it was a bad deal...does anyone seriously think he read ONE WORD of the deal? He didn't like it for one reason and one reason only: he wasn't the one who negotiated the deal.

In fact is was a deal that tied the US in both economic terms and in military terms to Asia. It would have benefited US consumers and workers. AND made money for defence contractors. Since the deal was killed, China has continued to militarize the Spratley Islands, the Philippines has moved away from the US and its important bases.

China's economic and military power has grown exponentially in the region since ***** walked from the deal. He's basically bent the knee to China.

I'll post the terms of the deal in the next post.

[Mooshashi]

The leaders of China and another 14 countries in the Asia-Pacific region have signed one of the biggest free trade deals in history, covering 2.2 billion people and 30% of the world’s economic output.

The Regional Comprehensive Economic Partnership (RCEP) was signed over a video link on Sunday after eight years of negotiations.

Australia, Japan, New Zealand and South Korea signed the deal, alongside members of the 10-nation Association of Southeast Asian Nations (Asean), including Indonesia, Malaysia, the Philippines and Thailand.

The deal sets the terms of trade in goods and services, cross-border investment and new rules for increasingly important areas such as electronic commerce and intellectual property. The effect on the trade of finished goods between Asian nations will be particularly marked, analysts have said.

In a joint statement, the leaders of the countries said the trade deal would form a crucial part of their plans to recover from the pandemic, which has forced countries around the world to lock down their economies.

The leaders’ statement said the deal “demonstrates our strong commitment to supporting economic recovery, inclusive development, job creation and strengthening regional supply chains as well as our support for an open, inclusive, rules-based trade and investment arrangement”.

The combined GDP of the signatories was $26.2tn (£20tn) in 2019, or about 30% of global GDP. The deal will cover nearly 28% of global trade.

It would have covered another 1.4 billion people had India not pulled out of negotiations last year because of concerns it would not be able to protect domestic industry as well as its agricultural sector.

While not offering the same level of integration as the EU or the US-Mexico-Canada Agreement, the deal has been seen as a significant step towards removing trade barriers, as well as extending the influence of China.

The Chinese premier, Li Keqiang, described the deal as “a victory of multilateralism and free trade”, according to a report on Sunday by the state-run Xinhua news agency.

Australia’s prime minister, Scott Morrison, said the deal would “open up new doors for Australian farmers, businesses and investors”.

[GhostofDempsey]

The thread got deleted because some phaggot b!tch complained about it. Oh well, guess we can have twenty more threads about ******** and bodily functions.

[Mooshashi]

The thread got deleted because some phaggot b!tch complained about it, I'm sure I have a good idea who.

That's crazy. At worst it could have been rolled into the ***** Presidency Thread.

[GhostofDempsey]

That's crazy. At worst it could have been rolled into the ***** Presidency Thread.

Seriously, it was a legit thread that likely would not have gotten any traction lost in the master ***** thread. It's not like we don't have several ***** or election related threads running concurrently. Oh well, let them have the endless PB32 and Anorak troll threads.

[RespekonMyName]

The TPP was supposed to box China in a little and give the U.S. greater influence in the Pacific. The countries involved ended up renaming it and moving forward without the U.S. *****'s USMCA actually borrowed from the TPP even though he called it a horrible agreement.

[Anthony342]

Ironic it got deleted since it has trans in the name.

[Boxfan83]

China produces inferior products. We shouldn't worry.

I actually liked *****s FU stance to China.