Is there anything positive about President-elect Trump?
Trump has started pulling back from some of his more iconic pledges during the campaign….but that matters not to his supporters because he was elected and they will justify each and every lie told to them….
I have a friend that he knew that I had a positive reaction to some of Trump’s foreign policy statements but he wanted to know if there was anything else I could say was a positive note….at this early stage of him being the president….
Well yes there is.
He has stated that TPP would was terrible deal for the American people and that he would work to see that it was not implemented…..
With the election of Donald Trump this week, the Trans-Pacific Partnership is effectively dead, Reuters reports. The 12-country trade agreement was signed last year after more than five years of negotiations. Championed by President Obama, it was supposed to be part of his legacy. Then the tide turned. Republicans, who had largely supported the TPP, nominated Trump, who called it a “disaster” and “rape of our country.” Even Hillary Clinton, who had supported the TPP while secretary of state, disowned it during the campaign, according to NPR. The Wall Street Journal reports the Obama administration had hoped to get it approved by Congress with the help of a Democratic Senate and incoming President Clinton. Neither of those things happened, dealing Obama a “bitter defeat.”
Leaders of both parties in Congress now say they won’t bring the TPP forward for a vote before Obama leaves office. It will be up to Trump to decide what to do with it, and the president elect has already stated his preference for renegotiating NAFTA and limiting imports. The TPP was set to be the biggest trade agreement in more than a decade. It got rid of many tariffs, set standards for intellectual property rights, and more. By excluding China, it was supposed to balance that country’s growing power in the region. China is likely to now pursue its own trade agreements in the region, possibly to the detriment of US influence.
I was opposed of this thing from the beginning and if he holds true to the rhetoric then that will be a positive thing……
He has also said that he wanted to re-instate Glass-Steagall…..I am waiting for word of this before I comment…..
Another country has decided to bow out of this horrible deal…….Vietnam
Vietnam has decided not to join the Trans-Pacific Partnership (TPP), with the trade deal’s future uncertain under incoming US President Donald Trump.- “The United States has announced it is suspending the submission of TPP to the parliament so there are not sufficient conditions for Vietnam to submit its proposal for ratification,” Prime Minister Nguyen Xuan Phuc told the National Assembly, according to Reuters.
Is this a dead issue?