24 August 2016
And Now We Have Very Serious People Coming Out Against the TPP
So, now we have a former Reagan and Clinton trade official and a retired general arguing that the Trans Pacific Partnership (TPP) is a security risk to the United States because it will hasten the hollowing out of American manufacturing, which makes the US dependent on foreign manufacturers in places like China and Vietnam for the crucial building blocks of military equipment.
This is a rather interesting counterpoint to the Obama administration's argument that we have to pass the TPP as a counter weight to Chinese influence in the region.
The first OP/ED appeared in the New York Times. The second appeared in The Hill.
It doesn't get any more establishment than that.
I'm actually beginning to think that Obama won't be able to get it through during the lame duck session.
I hope that this is not irrational optimism.
This is a rather interesting counterpoint to the Obama administration's argument that we have to pass the TPP as a counter weight to Chinese influence in the region.
The first OP/ED appeared in the New York Times. The second appeared in The Hill.
It doesn't get any more establishment than that.
I'm actually beginning to think that Obama won't be able to get it through during the lame duck session.
I hope that this is not irrational optimism.
Labels:
Foreign Relations
,
International Commerce
,
International Finance
,
Politics
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