January 25, 2017
TPP Was Doomed To Fail
America’s exit from the Trans-Pacific Partnership should serve as a breakthrough development to spur widespread prosperity across the United States and build durable economic ties to the most promising and dynamic parts of Asia. This exit is far from signaling the death knell of U.S. regional leadership.
TPP died a slow, painful death when it repeatedly met the court of public opinion throughout the 2016 U.S. presidential election. Political figures Donald Trump and Bernie Sanders saw too many Americans left behind by a globalized economy. Many people forget that even pivot architect Hillary Clinton climbed on the anti-TPP bandwagon in 2015.
On his first full business day in the White House, President Trump signed an executive order officially withdrawing the United States from the twelve-nation Pacific trade pact and let his constituents know that he was fulfilling a campaign promise. By then, it was obvious that Iran had more paths to a nuclear weapon than TPP had to political approval within the American political body.
Read the full article at The National Interest.
More from CNAS
-
The Financing of WMD Proliferation (JCE TEST)
Reports
The proliferation of weapons of mass destruction is a critical threat facing the international community. Numerous United Nations Security Council Resolutions (UNSCRs) place b...
By Jonathan Brewer
-
Leverage the new US International Development Finance Corporation to compete with China
Commentary
The United States has a unique opportunity to up its game in the global economic competition with China. In early October, even as Democrats and Republicans in the Senate enga...
By Daniel Kliman
-
On GPS: The future of US-China relations
Video
Former Assistant Secretary of State for East Asian and Pacific Affairs Kurt Campbell breaks down the factions and relationships shaping US-China relations. View the full vide...
By Kurt Campbell
-
Assessing America's Indo-Pacific Budget Shortfall
Commentary
Budgets are policy in Washington. Setting new trends in Pentagon and State Department funding is a tall order, so when they do emerge, they are the strongest indication of a g...
By Eric Sayers
