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Tag Archives: Trans-Pacific Partnership

Trump Considers Rejoining the Trans-Pacific Partnership

From the Washington Post:

President Trump ordered top administration officials Thursday to look at rejoining the Trans-Pacific Partnership, the sprawling trade pact he rejected three days after taking office.

The move would mark a stunning reversal for Trump, who sharply criticized the pact as a “disaster” and made opposition to global trade deals a centerpiece of his economic agenda as a candidate.

The Obama administration had inked the trade agreement, known as TPP, with 11 other countries, including Japan, Vietnam, Singapore, and Australia, to lower tariffs and counter China’s influence in the Pacific. An embrace of TPP would give Trump more leverage in his escalating trade feud with Beijing. It also would give U.S. farms, retailers and other businesses better access to foreign markets if China makes good on its recent threats of new tariffs on U.S. goods.

Damn right it would be a stunning reversal. This is exactly what Trump campaigned against: Multilateral trade deals; making U.S. law subservient to international structures; and the New World Order.

Best rethink this. Before you know it, he’ll have us back in the Paris climate change treaty.

I’m sure those within the administration who don’t share Trump’s nationalist agenda are using the China tariffs and the possible consequences for U.S. agriculture as leverage to get him back into the TPP. So now the White House is floating this to see how angry conservatives might get.

No, Hillary Did Not Say She Would Absolutely, Positively Oppose TPP

I’ve covered these Clintons for a long time, and you have to watch them like a red-tailed hawk. They’re both attorneys, both longtime politicians, and both dishonest. Bad combination.

The big news out of the Clinton economic speech Thursday was that she supposedly said unequivocally that she would oppose the Trans-Pacific Partnership. But look closely. That’s not what she said.

First, she teed up her comment by knocking those who oppose TPP.

“The answer is not to rant and rave or cut ourselves off from the world. That would end up killing even more jobs,” she said.

And then, the kicker:

“I will stop any trade deal that kills jobs or hold down wages, including the Trans-Pacific Partnership. I oppose it now, I’ll oppose after the election, and I’ll oppose it as president.”

Get it? Any trade deal that kills jobs or holds down wages. She left herself an out.

One can hear her six months or a year into her presidency saying:

“What I said is that I would stop any trade deal that kills jobs. Through tireless work, we have changed the Trans-Pacific Partnership so that now it’s a job creator, not a job killer.”

Now that sounds like our Hillary, right?