Tornado Alley (PROG)

[fuagf]

To link - The U.S. Wants Back in the TPP? Good Luck With That. .. just bits reproduced here ..

"Trump Wants Back Into the TPP. Not So Fast, Say Members."

[...]

The remaining 11 countries from the original TPP signed a slightly slimmed-down version of the accord earlier this month in Chile, suspending a score of controversial provisions that the United States had insisted upon. [emphasis added here]

[...]

“Is there a chance in hell anyone wants to reopen the thing to get the U.S. back in? Not under a Trump administration [emphasis added here],” says Mike Callaghan, a former Australian Treasury official and economic advisor to the prime minister, now at the Lowy Institute, a Sydney-based think tank.

[..]

Gone .. http://www.asiantradecentre.org/talkingtrade//tpp11-unpacking-the-suspended-provisions .. for now are 22 provisions .. https://www.mfat.govt.nz/en/trade/free-trade-agreements/free-trade-agreements-concluded-but-not-in-force/cptpp/tpp-and-cptpp-the-differences-explained/ .. that U.S. negotiators had insisted on but that were unpopular with potential partners. Those included protections for pharmaceuticals, longer patents and extended copyrights, and some extra protections for corporations against national governments.

“Almost by definition, the suspended parts cover topics that were controversial to the TPP-11 members, otherwise they would not have been suspended,” Callaghan says.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139697175

So, thanks to Trump's ignorance about all things trade ..

Trump and Trade and Zombies
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139460038

and deficits

Why the Trump Administration is Confused about Trade Deficits and Economic Growth
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139501034

Trump now demands all other countries in the new TPP throw him a lifeline by giving him back all those conditions in the Obama TPP which, since
Trump's ignorant, ego-driven hissy-fit pull-out, the remaining countries in renegotiation have since discarded as being unfair and unpalatable to them.

Unarguably Mr. incoherence Donnie-boy has driven the U.S.A. into a worse position re the TPP. Seemingly, though he would never admit a mistake, he now has regrets.

See also:

Trump’s Trade Pullout Roils Rural America
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134604425

To link Krugman's Trump, Trade and Workers .. bits ..
Donald Trump .. http://www.nytimes.com/interactive/2016/us/elections/donald-trump-on-the-issues.html?inline=nyt-per .. gave a speech ..
http://www.politico.com/story/2016/06/full-transcript-trump-job-plan-speech-224891 .. on economic policy last week. Just about every
factual assertion he made was wrong, but I’m not going to do a line-by-line critique. What I want to do, instead, is talk about
the general thrust: the candidate’s claim to be on the side of American workers.
[...]
In fact, even as he tried to pose as a populist he repeated the same falsehoods usually used to justify anti-worker policies.
We are, he declared, “one of the highest taxed nations in the world.” Actually, among 34 advanced countries, we’re No. 31 ..
https://stats.oecd.org/Index.aspx?DataSetCode=REV . And, regulations are “an even greater impediment” to our
competitiveness than taxes: Actually, we’re far less regulated than, say, Germany, which runs a gigantic trade surplus.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124973814 ..
to your .. Trump’s Trade War May Have Already Begun
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128351888
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=128438795

Trump’s Pox Americana
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=128183780

All those are also linked as See also in ..
Trump Plans Tariffs on Steel and Aluminum and Markets Slump
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138955896

Also see:

Trump continues to misrepresent the China trade deficit
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139793233