Tag Archives: Trans-Pacific Partnership

Poetic Justice

The Great Reneger

We know Donald Trump’s all bluster and swagger,
And his administration is just an unnatural disaster.
But now he wants back in to the TPP
And to roll back the GOP’s spending spree,
At this rate his lasting legacy will be as The Great Reneger.

Verbatim

Trump the Negotiator Violated the Cardinal Rule of Negotiating

Edward Alden: “… Trump showed he does not understand the first thing about trade negotiations. In announcing the U.S. withdrawal from the Trans-Pacific Partnership (TPP) trade agreement, Mr. Trump has just unilaterally given away the biggest piece of leverage he had to deal with the biggest challenge in the world of trade, which is the increasingly troubling behavior by the world’s second largest economy, China. It is the first rule of any negotiation that you don’t give away something for nothing. Mr. Trump just did. And as foreign policy analyst Dan Drezner tweeted: ‘That sound you hear is the clinking of champagne glasses in Beijing.’”