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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump said he would strike one-on-one trade deals. That's not happening.
By John Wagner and David J. Lynch November 14 at 7:24 PM
As he traveled across Asia, President Trump touted a flurry of multibillion-dollar military sales and one-off business deals with nations he visited. Upon his return to the White House this week, he is pledging to unveil more, boasting that his handiwork is far bigger than anything you know.
But the 12-day trip also underscored how little progress Trump has made on a far more sweeping pledge central to his America first vision: replacing multilateral trade agreements which he has long railed against but every U.S. president since Harry S. Truman has embraced with one-on-one deals more fair to the United States.
None of the trading partners, particularly in Asia, seem to be enthused about such a prospect, said Wendy Cutler, a longtime U.S. trade official who now serves as vice president of the Asia Society Policy Institute.
The most pointed evidence of that came during Trumps visit to Vietnam, where news broke that the remaining 11 nations involved in the Trans-Pacific Partnership, including Japan, were moving on without the United States.
Trump, on his third day in office, signed an executive memorandum withdrawing the United States from the 12-nation pact that had been painstakingly negotiated over a decade by two of his White House predecessors.
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https://www.washingtonpost.com/politics/trump-said-he-would-strike-one-on-one-trade-deals-thats-not-happening/2017/11/14/eced8a4e-c949-11e7-b0cf-7689a9f2d84e_story.html
BigmanPigman
(51,638 posts)Schumer told the Senate yesterday that the moron accomplished nothing and and only contributed to negative feeling in the US when he met with foreign leaders and ended up praising them despite the crimes they have committed. It was a dictator fest.
njhoneybadger
(3,910 posts)procon
(15,805 posts)to negotiate deals and then he staged a photo op. He didn't even write the damn book he's always promoting, he had to pay a ghostwriter, Tony Schwartz, to write the thing, but Trump claims the bragging rights.
He a fraud, a two-bit hustler, and he's totally out of his league in dealing with the world's leading tyrants. The leaders of those countries had no intention of signing a separate bilateral agreement with the United States when they have already agreed to join the TPP. Why would they deal with Trump when he is such an unreliable and impulsive buffoon who is easily swayed by a red carpet, a fancy meal, and some glittering, ostentatious pageants?
Wounded Bear
(58,726 posts)everybody is forming blocs. We dropped a huge ball in Asia/Pacific by scotching the TPP. Doing that basically handed the whole region to China on a platter.