Geopolitical disaster for US. Even more frustrating because it was so foreseeable. TPP placed US at center of 12-country pact. China excluded. Great long-term containment strategy. Trump withdrew. Then started trade wars. Even with allies. Ceded Asia-Pacific to China. For nothinghttps://twitter.com/axios/status/1013448268397850625 …
-
-
Economically, I thought TPP would be a net benefit to the US, but some criticisms had merit. All trade agreements create losers within countries as well as winners. But geopolitically? It was great. A long-term peaceful containment strategy against China.
Show this thread -
Trump flipped the script. Instead of America leading effort to contain China, countries are banding together to contain the United States. 11 other TPP countries moving forward with the pact. None willing to sign bilateral deal with US, despite Trump's efforts.
Show this thread -
The Regional Comprehensive Economic Partnership would include 16 countries. Along with China, there's Australia, Japan, South Korea, India. Those are important US partners. Or at least they were. With economies tied to China, not US, they'll increasingly fall into China's orbit.
Show this thread -
Xi knows how much economic influence means for geopolitical influence. (Unlike Trump, he's not ignorant of post-WWII history). That explains his ambitious Belt-Road Initiative. And why he's pursuing a trade pact with 15 other Asian and Oceanic countries.
Show this thread -
If you wanted to contain and rollback US power, you'd aim to weaken America's ties to Japan, Australia, Canada, Mexico (all in TPP), South Korea, India (in discussions for China's new trade pact), and Europe. The worst part of this geopolitical disaster? It's self-inflicted (END)
Show this thread
End of conversation
New conversation -
-
-
-
Unfortunately, we're confronted with the loophole in checks and balances: if a narrow majority in the legislature doesn't feel like doing it, it doesn't happen. I'd like to be able to reassure you about the transatlantic alliance, but I can't right now. NATO summit looms.
-
Indeed. I will be publishing my pessimistic preview of the
#NATOSummit2018 later this week. -
I'll check it out. I was going to say "I'll look forward to it," but I'm probably not going to enjoy your conclusions.
-
I suspect you won't be surprised by them either.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.