Amexit backfiring
13/12/20 20:58![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
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Another deal the Art-of-the-Deal dealmaker Trump has purposely excluded the US from because it wasn't His deal but most certainly is the result of the Trump Amexit strategy... creating void and watching it filled by the competition with US interest absent.
https://time.com/5912325/rcep-china-trade-deal-us/
When the wannabe fuhrer entertained his flat earth base by repudiating the Trans Pacific Partnership, the United States left its political and economic partners in Southeast Asia high and dry, and staring right in the face of China.
I'm fairly certain that Donald Trump never understood what the Trans Pacific Partnership actually was. On the campaign trail, he bellowed that it was bad because it would be good for China (which was excluded from it, and strongly opposed). Trump didn’t know what it is. His talk radio mob didn't either. All they knew was the cheer when Trump screamed “Chiner”.
What is the fallout?
The Chinese stepped in with the Regional Comprehensive Economic Partnership, to fill the void Trump created.
”Experts say the deal — while more symbolic than substantive — is a clear marker of both China’s power and waning American influence in the Asia-Pacific region. Even U.S. treaty allies like Japan, South Korea and Australia moved to strike a bargain with China in the absence of an alternative”.
So congrats, I guess. You sure have made America's rivals great again.
https://time.com/5912325/rcep-china-trade-deal-us/
When the wannabe fuhrer entertained his flat earth base by repudiating the Trans Pacific Partnership, the United States left its political and economic partners in Southeast Asia high and dry, and staring right in the face of China.
I'm fairly certain that Donald Trump never understood what the Trans Pacific Partnership actually was. On the campaign trail, he bellowed that it was bad because it would be good for China (which was excluded from it, and strongly opposed). Trump didn’t know what it is. His talk radio mob didn't either. All they knew was the cheer when Trump screamed “Chiner”.
What is the fallout?
The Chinese stepped in with the Regional Comprehensive Economic Partnership, to fill the void Trump created.
”Experts say the deal — while more symbolic than substantive — is a clear marker of both China’s power and waning American influence in the Asia-Pacific region. Even U.S. treaty allies like Japan, South Korea and Australia moved to strike a bargain with China in the absence of an alternative”.
So congrats, I guess. You sure have made America's rivals great again.