Welcome, Guest. Please login or register.
Did you miss your activation email?
03 28, 24, 04:23:11:PM

Login with username and password

Biden Does NOT need a BILL to close the border
He only needs a PEN. Thats all he needed to open it.
Thats all he needed to close it. Thats all Trump needed.
Maybe this is just Proof Trump is better than Biden.

Search:     Advanced search
2653518 Posts in 297930 Topics by 308 Members
Latest Member: JerryEcold
* Website Home Help Login Register
 |  All Boards  |  Current Events  |  Topic: Congratulations tRump - RCEP Trade Deal is ALL tRump! 0 Members and 1 Guest are viewing this topic.
Pages: 1  Print
Author Topic: Congratulations tRump - RCEP Trade Deal is ALL tRump!  (Read 14 times)
Truman62
Sr. Member

Posts: 95605

MAGA Policies bring Misery and Death to America!


« on: 11 12, 19, 03:19:01:PM » Reply

https://markets.businessinsider.com/news/stocks/china-led-rcep-pact-to-be-biggest-trade-deal-without-us-amid-tariffs-2019-11-1028680170

China is leading a 15-nation pact that would create the world's biggest trade deal. The US isn't in it.

As trade tariffs hammer the world economy, global trade is marching on with or without the US.

Next year the world's biggest free trade deal could be signed, between some of the world's largest and fastest-growing economies. But the US won't be part of it.

The Regional Comprehensive Economic Partnership (RCEP) is currently seven years in the making, according to Bloomberg, and is currently made up of 15  countries
within South Asia and the Pacific regions. As well as some other smaller nations, the trade agreement currently boasts some of the world's biggest economies including
Australia, China, Indonesia, Japan,  Malaysia, Singapore, and South Korea.

With the US moving to a more protectionist approach placing punitive tariffs on former allies, China's involvement in RCEP will likely lead to the country having a
stronger influence in the region, especially considering the damage the US-China trade war has done to the global economy.

East Asia Forum, a think tank, titled a piece on the pact: "Asia pushes back against global protectionism with big trade and cooperation agreement."

The deal, in theory, would boost trade and cooperation within the area, without driving changes to labor rights laws, environmental practices, and intellectual property
rights in member states — aspects which are part of other free trade agreements like the EU.

"In signing RCEP, Asia has chosen openness over protectionism, regionalism over nationalism, cooperation over confrontation, and solidarity over suspicion," the East
Asia Forum said last week. "They have sent a clear and unambiguous signal to the world: that Asia remains very much open for business, committed to the open
regionalism that has seen East Asia's share of global GDP soar from 15% to 30% since 1980, while South Asia's remains stubbornly has not budged, stuck around 3%
to 4%."

As a result, despite the US being one of the major trading partners of many of the country's in the region like Japan and Vietnam, this could shrink due
to RCEP, while China's influence grows.


++++++++++++++++++++++++++++++++

Way to BLOW it, tRump!

For a Business Guy he sure has made some BONEHEAD moves!
wvit1001
Sr. Member

Posts: I am a geek!!


« Reply #1 on: 11 12, 19, 03:25:38:PM » Reply

trump says he's a winner.    Is this winning?    It doesn't really feel like winning but it must be mustn't it?
Truman62
Sr. Member

Posts: 95605

MAGA Policies bring Misery and Death to America!


« Reply #2 on: 11 12, 19, 11:59:02:PM » Reply

If he is working for the Chinese or the Russians, then it's a BIG win for them! 
Dan
Contributor
Sr. Member

Posts: I am a geek!!

JW2 is a homosexual


« Reply #3 on: 11 13, 19, 12:02:47:AM » Reply

Right on, Trump!!!  Great job!
Truman62
Sr. Member

Posts: 95605

MAGA Policies bring Misery and Death to America!


« Reply #4 on: 11 14, 19, 01:27:46:AM » Reply

Dan is HAPPY that tRump gave China a big win and total control of Pacific trade.

Yes Dan, what a win for China!  Good job, tRump!
Pages: 1  Print 
 |  All Boards  |  Current Events  |  Topic: Congratulations tRump - RCEP Trade Deal is ALL tRump!
Jump to:  

AesopsRetreat Links


AesopsRetreat
YouTube Channel



Rules For Radicals.



2nd Amendment Source



5 minute Education




Join Me at KIVA
My Kiva Stats


Truth About
Slaves and Indians




r/K Theory




White Privilege




Conservatives:
What Do We Believe


Part 1:
Small Govt & Free Enterprise

Part 2:

The Problem with Elitism

Part 3:
Wealth Creation

Part 4:
Natural Law



Global Warming Scam



Lend a hand


Powered by MySQL Powered by PHP © AesopsRetreat
Powered by SMF 1.1.11 | SMF © 2006-2009, Simple Machines LLC
Valid XHTML 1.0! Valid CSS!
Page created in 0.065 seconds with 30 queries.