For all it’s flaws, the TPP was about to effectively zone China out of trading advantageously with the whole developed world. Now, US instability and bullying have made Japan and South Korea partner with China.
Trump handed China the 21st century on a silver platter.
It’s also quite ironic that originally China’s low wages were seen as the core problem/reason how they could offer products so cheaply.
But the way Trump is destroying things the need for low US wages will come up again…
Alas, of course everything across the board will get more expensive with his tariffs, from vegetables, to electronics, energy and housing, so the common worker will be screwed and locked in his situation, preferably unable to go on strike.
At this point in time, China is just sitting back and laughing as Trump weaken the US.
Remember, don’t correct an enemy as they are making a mistake.
I feel like Russia is laughing, and China and America are both the crying wojak with the smirk mask.
I’m sure they rationally assume Trump is totally unfamiliar with that policy.
They’re patiently waiting for the value of American businesses crash hard to buy it for cheap
For all it’s flaws, the TPP was about to effectively zone China out of trading advantageously with the whole developed world. Now, US instability and bullying have made Japan and South Korea partner with China.
Trump handed China the 21st century on a silver platter.
Critical support to Trump in his struggle against US hegemony.
Imagine being such a clown that Japan, China and SKorea unite against you lmao
Did Japan and SK actually announce collaboration with China, or was it only China that said that they are working together?
They held a rare trade talk, but the announcement came from Chinese state media.
https://www.dw.com/en/china-japan-and-south-korea-to-strengthen-free-trade/a-72085756
It’s also quite ironic that originally China’s low wages were seen as the core problem/reason how they could offer products so cheaply.
But the way Trump is destroying things the need for low US wages will come up again…
Alas, of course everything across the board will get more expensive with his tariffs, from vegetables, to electronics, energy and housing, so the common worker will be screwed and locked in his situation, preferably unable to go on strike.
The TPP still exists. The USA backed out of it, but the USA doesn’t matter anymore.
And the US was the problem with it to begin with