Trans-Pacific trade deal advances without United States

[libertybele]

Trans-Pacific trade deal advances without United States

DANANG, Vietnam (Reuters) - Countries in the Trans Pacific Partnership (TPP) trade deal have agreed on the core elements to move ahead without the United States, officials said on Saturday, after last-minute resistance from Canada raised new doubts about its survival.

Taking the agreement forward is a boost for the principle of multilateral trade pacts after U.S. President Donald Trump ditched the TPP early this year in favor of an “America First” policy he believes would save U.S. jobs. ....

....The agreement, which still needs to be finalised, would now be called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), he said. ......

http://www.reuters.com/article/us-apec-summit/trans-pacific-trade-deal-advances-without-united-states-idUSKBN1DA2MW

[libertybele]

This is definitely one win for Trump!

[Applewood]

Fine with me.  Now when is the US going to get out of NAFTA?

[Right_in_Virginia]

TPP Economics, NAFTA, The APEC Summit, Mexico, Canada and Trump…
Conservative Treehouse, Nov 10, 2017, Sundance

Here’s why Canada and Mexico signing up to TPP is great news for the U.S., and couldn’t come at a better time for NAFTA round #5 on November 17th.  We don’t want TPP to collapse, because TPP ties the hands of Canada and Mexico to elements of trade that are based on collective interests. Their joining TPP provides the U.S. leverage in NAFTA.

Remember, Vietnam is exactly 12 hours ahead of U.S. Eastern time zone.  At 7:450pm last evening in Vietnam (local time), at the last minute, Rainbow Socks backed out of the signing the TPP framework (explained here).  Twelve hours later, at 7:20am (local), the AP reported the agreement was “back on” with “a compromise”:


Read more: https://theconservativetreehouse.com/2017/11/10/tpp-economics-nafta-the-apec-summit-mexico-canada-and-trump/

This article explains what happened and why it could be good for us.

BTW .... Trudeau is now “Rainbow Socks”. 


 

[endicom]

It's good that Trump is against sacrificing US sovereignty.

I think the signatories to the TPP will soon be cheating for all they're worth.

[To-Whose-Benefit?]

It's good that Trump is against sacrificing US sovereignty.

I think the signatories to the TPP will soon be cheating for all they're worth.

Show me the pics of all those Ford, Chevy and Chrysler cars and trucks on the streets of any city in Japan.

In the words of Bill Murray:

"It's Miller Time!"

 

We've been getting screwed, blued, and tattoed by TPP from the git-go.

Terrific News!