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 is handing 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.
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 is handing China the 21st century on a silver platter.
Imagine being such a clown that Japan, China and SKorea unite against you lmao
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
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.