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Wall Street Journal (April 12)

2018/ 04/ 14 by jd in Global News

“It’s not the Trump Administration, it’s an adventure, and on Thursday there was a glint of good news on trade of all things…. President Trump directed his advisers to examine if the U.S. could negotiate its way back into the Pacific trade deal he walked away from in 2017.” Then again, this might just “another please-the-crowd attempt that will vanish like a tweet.”

 

Washington Post (December 7)

2017/ 12/ 09 by jd in Global News

Moving the embassy to Jerusalem could have been used “as a leverage for peace.” Instead, Donald Trump “used it to smash crockery in the region,” which “pretty well summarizes the Trump Doctrine.” Any so called successes “have been things Trump has undone (the Paris climate accord, the Trans-Pacific Partnership) or is in the process of undoing (the Iran nuclear deal, NAFTA). Relations have soured with Britain, continental Europe and countries from Mexico to Australia.” Meanwhile, Russia is gaining power and “the terrorist threat is decentralizing rather than dissipating.”

 

Chicago Tribune (November 30)

2016/ 12/ 02 by jd in Global News

“When Donald Trump takes office, he says, one of his first acts will be to pull out of the Trans-Pacific Partnership, a proposed trade deal with 11 other nations. Illinois farmers and factory owners are dismayed. China’s thrilled. What does that tell you about the wisdom of Trump’s decision?”

 

Wall Street Journal (September 3)

2016/ 09/ 05 by jd in Global News

“All across American agriculture, production is up and prices are down.” With bumper crops expected, “corn prices have tanked, dropping to about $2.85 a bushel today from $6.50 three crop-seasons ago.” The Department of Agriculture is stepping in to help farmers with some subsidies and other programs, but what farmers really need is for Congress to “approve the Trans-Pacific Partnership,” which would boost demand overseas substantially.

 

LA Times (November 8)

2015/ 11/ 09 by jd in Global News

“So are we better off with or without the TPP? If Congress ratifies it, that won’t turbocharge the U.S. economy. If Congress blocks the deal, that won’t stop globalization. And like any trade agreement, it creates winners and losers.” The strongest argument for the agreement may be its geopolitical role, but the costs to many Americans have become “clearer than their benefits…. The president still has a lot of persuading to do.”

 

Wall Street Journal (October 7)

2015/ 10/ 09 by jd in Global News

“Nine and a half of every 10 of the world’s consumers resides somewhere other than America, so arrangements like the TPP that break down obstacles to trade and investment are crucial to prosperity at home. The question is whether this TPP is the best the U.S. can do.”

 

Wall Street Journal (May 21)

2015/ 05/ 22 by jd in Global News

There’s a reason “why so many countries are open to U.S.-led trade pacts, like TPP and its European counterpart, the Transatlantic Trade and Investment Partnership. History shows the U.S. trade agenda, while far from perfect, has nevertheless provided sizable benefits to its partners.”

 

New York Times (May 12)

2015/ 05/ 14 by jd in Global News

Fast-track approval and the Trans-Pacific Partnership are “pitting President Obama against many members of his own party and some Republicans. Though the two sides have major differences, a compromise is still possible and would be good for the American economy.”

 

Wall Street Journal (November 27)

2014/ 11/ 28 by jd in Global News

The free-trade agreements China recently won with South Korea and Australia serve as “a reminder that the rest of the world won’t stand still while Washington and Tokyo dither…. The U.S. and Japan need to transcend their domestic special interests and finish a Pacific trade pact if they want to compete with China for economic influence.”

 

Washington Post (November 18)

2014/ 11/ 19 by jd in Global News

Shinzo Abe reached two difficult, but “justifiable” decisions. He will postpone the tax increase and seek a new mandate. “The prime minister still represents the best available option to those who regard Japan’s recovery as indispensable to the global economy and, by extension, the U.S. economy.” The U.S. should “do more to support Japan’s economic recovery,” beginning with the passage “of the Trans-Pacific Partnership trade agreement, whose market-opening provisions could spur Japanese farms and businesses to change their uncompetitive ways.”

 

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