Will China be a risk to the USA under Trump's policies?
President Trump voided the Trans-Pacific Partnership, which was thought to help create better trade relationships for countries in the Pacific Rim. Some say this puts the USA at risk of China overtaking our economy. What do you think?
While China can't overtake the U.S. economy right now, we did lose influence and have essentially ceded the Pacific Rim to China. That will hurt us long term. So there is now a huge vacuum. If we're not leading, we're following. Never good for a superpower. We have a President who does not read, nor has any grasp of geopolitics.
The U.S. will also lose out on helping to set the rules for trade worldwide. That will be done by other nations, especially China. Look out for a new trade agreement coming by the end of the year or early 2018 involving China, South Korea, India, Japan and probably Australia. It will lower trade barriers and will be on the fast track as China ramps up diplomatic/military efforts everywhere.
yes!this what obama admn was saying.better to have a seat at the table,and actually influence things.and there were good things in it,too.but all the hard work obama put in was erased w stroke of a pen, and admired by those who said bo tyrant 4 same.
CJ
How can you say that leaving the TPP is going to hurt us, when it wasn't helping us. The imports into the US are far greater by a $Trillion than our exports. And what we are seeing imported used to be products that we built.
Brad, by leaving TPP, those products are still not going to be built here (mostly consumer goods). Our workers make too much. But raising labor standards will payoff in the future. Stop short-term thinking.
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