Trump: US to quit TPP trade deal on first day in office - Polidicks

[quote]President-elect Donald Trump says the US will quit the Trans-Pacific Partnership trade deal on his first day in the White House. He made the announcement in a video message outlining what he intends to do first when he takes office in January. The TPP trade deal was signed by 12 countries which together cover 40% of the world's economy. The Republican also pledged to reduce "job-killing restrictions" on coal production and stop visa abuses. But there was no mention of repealing Obamacare or building a wall on the southern border with Mexico, two actions he said during the campaign he would do as soon as he assumed power. His surprise election win two weeks ago has sparked protests across the US. The TPP was agreed in 2015 by countries including Japan, Malaysia, Australia, New Zealand, Canada and Mexico, but is not yet ratified. Its aim was to deepen economic ties and boost growth but its opponents say it was negotiated in secret and it favours big corporations. [/quote] [url]http://www.bbc.com/news/world-us-canada-38059623[/url]

Well at least something nice comes out of it all

[QUOTE=carcarcargo;51409525]Well at least something nice comes out of it all[/QUOTE] Note: according to his Transition Team we will have trade deals, but they will be BITs, Bilateral Trade Agreements, which is agreements between two countries.

This is great. IIRC it contained provisions that would make it a crime punishable by actual prison time to illegally download movies or music (as opposed to host or upload it, which is punishable), which would've been so fucking draconian that they may as well throw people in prison for not buying a cable TV service. Plus it probably would've crippled the dairy industry in Canada, and do nothing but line the pockets of Big Corporations, Inc.

Isn't this gonna restrict trade movements around the globe? Which in turn is gonna cause problems for global trade? Even my PM wants to keep TPP [QUOTE]LIMA, Peru: A Trans-Pacific Partnership (TPP) without the US would mean a completely new agreement, and if the TPP does not go ahead, it would be a great loss for the rest of the member economies, said Singapore Prime Minister Lee Hsien Loong on Monday (Nov 21). [/QUOTE] [url]http://www.channelnewsasia.com/news/singapore/tpp-without-the-us-would-mean-a-new-agreement-but-would-be-a/3305712.html[/url]

[QUOTE=Ignhelper;51409617]Isn't this gonna restrict trade movements around the globe? Which in turn is gonna cause problems for global trade? Even my PM wants to keep TPP [url]http://www.channelnewsasia.com/news/singapore/tpp-without-the-us-would-mean-a-new-agreement-but-would-be-a/3305712.html[/url][/QUOTE] Welcome to leverage. Trump knows it wont work without the US, he's pulling out partly as a show of force.

This is good but there's still the risk of net neutrality being killed, which means this will be for nothing

[QUOTE=carcarcargo;51409525]Well at least something nice comes out of it all[/QUOTE] Another silver lining is that the title of the first woman president goes to someone more deserving than Clinton, who had to restort to colluding with the DNC to rig the election against Bernie and play "Pied Piper" to have the media prop up Trump as a candidate so he would presumably alienate viewers with his extreme, polarizing views. (Yeah, that worked out well, huh?) [IMG]http://i.imgur.com/SziyXQS.png[/IMG]

he has proposed to do so much on the first day, he's gonna spend the rest of his presidency just twiddling his thumbs

[QUOTE=BlindSniper17;51409665]Another silver lining is that the title of the first woman president goes to someone more deserving than Clinton, who had to restort to colluding with the DNC to rig the election against Bernie and play "Pied Piper" to have the media prop up Trump as a candidate so he would presumably alienate viewers with his extreme, polarizing views. (Yeah, that worked out well, huh?) -Masterplan.fail.jpg-[/QUOTE] What? Such a naive move.