Trans-Pacific deal anti-China, not pro-trade

Discussion in 'Americas' started by LETHALFORCE, Oct 6, 2015.

  1. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    http://www.app.com/story/opinion/re...s-pacific-deal-anti-china-pro-trade/73195500/

    The United States already has 14 free trade agreements with 20 countries, according to the International Trade Administration. Six of the 11 nations in the prospective Transpacific Partnership agreement discussed by Congress and labor and business groups are in one or another of these free trade agreements. The five not covered are Japan, Brunei, Malaysia, New Zealand and Vietnam. Japan represents 95 percent of their collective volume of trade with the U.S.

    So one would think that Japan is the prime target of the Transpacific Partnership. The principal areas of contention are Japan’s tariffs on U.S.-made autos and U.S.-grown rice. But Japan already shows good faith by building its quality cars using American labor in their U.S. factories at prices cheaper than imports from Japan plants.

    Also, Japan shows good sense by obtaining essential imports of their staple rice more easily and cheaply accessible from closer Asian nations. To reinforce this “good sense” aspect, would the U.S. buy New Zealand wheat when wheat from Canada (a NAFTA partner) is so accessible and cost effective for domestic U.S. consumers?

    The Transpacific Partnership is a politically motivated agreement, not an economic agreement, that is meant to counter China’s growing influence in the Pacific Rim, its home region. Keeping U.S. economic skin in the game is a ruse to maintain U.S. political and diplomatic influence in the Transpacific countries, a region increasingly impacted by the Chinese economic powerhouse and its concomitant buildup of political and military influence.
     
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  3. LETHALFORCE

    LETHALFORCE Moderator Moderator

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  4. LETHALFORCE

    LETHALFORCE Moderator Moderator

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  5. tarunraju

    tarunraju Moderator Moderator

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    TPP is bad for countries other than the US, and they don't even realise the kind of slaughter that awaits them. Take for example, the recent incident where a hedge-fund douchebag in New York acquired a drug company that makes a vital anti-toxoplasmosis drug, and jacked up its price from $14.99 per pill to $700 per pill. That exact drug is a 60-year old formula, which has been made generic and is practically free in countries like Canada, Australia, and New Zealand. With TPP, that NY douchebag and other American drug companies selling in, say, Australia, will get rid of local prices, and impose close to American ones. They can take the Australian government to court for not imposing their prices. And that is just one industry. TPP is a sham, and there's opposition to it in every signatory state. Non-American consumers are in for an ass-rape.
     
  6. nimo_cn

    nimo_cn Senior Member Senior Member

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    trade treaty without China is not gonna work out well, China will find a way to be part of the organization which replaces WTO no matter what they do to stop us.

    来自我的 HUAWEI P7-L07 上的 Tapatalk
     
  7. Sakal Gharelu Ustad

    Sakal Gharelu Ustad Detests Jholawalas Moderator

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    I think most of these countries are advanced and would gain by harmonizing their system. The companies now would know the rules of the game and can act accordingly.

    The only losers right now are the countries left out of it because these nations can impose non-tariff measures on others collectively. But at the end of the day, if the above regime increases trade it should be helpful (ofcourse, there can be a few losers here and there).
     
  8. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    This is an exclusive trade deal shutting out big neighbors around China. Many in USA complaining too much given up to Japan .
    Looks like USA wants Japanese economy to come back?
     

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