The President of the United States Donald trump suddenly change their opinion about the TRANS-Pacific partnership (TPP) often referred to as a result of the leader’s unpredictability, but in reality, the President’s statement falls in line with its overall strategy linking trade and foreign Affairs.
Kristian Rouz – the US President Donald trump says he might consider returning to the negotiating table with 11-Pacific region who seek to develop a multilateral free trade agreement. However, this will only happen in the event that the President of the United States hinted that if the modified deal includes provisions that allow us to increase export of goods and services that could support the inflow of capital in the United States.
“If this is true, I would welcome it,” said Japanese Finance Minister Taro ASO said a few hours after President trump made his surprise statement on Thursday.
The President of the United States of trump’s reversal on the TRANS-Pacific partnership (TPP), at first glance, come as a surprise, as he was known as a harsh critic of multilateral trade deals, since long before the 2016 election campaign, and then on his pledge to get us out of TPP talks last year – shortly after became President.
However, over the past few months, the official representatives of the White house has repeatedly signaled that the U.S. is interested in its preservation and strengthening trade relations with key allies in the Pacific. State visits by the Prime Minister of Australia Malcolm Turnbull in Washington, and President of the trump himself in Tokyo was marked by warmer rhetoric of the US President on trade and investment cooperation with these two countries.
Earlier this year, Japanese officials have signaled they might be willing to change the terms of TES, making them more profitable for us producers.
“If these comments mean that a President trump correctly assessing the meaning and consequences of the TPP, we welcome them,” Toshimitsu Motegi, Minister of Japan to TPP, said.
Meanwhile, representatives of the Australian trade promised deeper investment cooperation with the United States – in particular, expressing their interest in infrastructure projects.
In addition, New Zealand fully supports the call of the President of trump TTP for fair and mutual.
“If the United States, it turns out that I sincerely wish to reconnect, which causes a whole new process,” the Prime Minister KIWI Jacinda Ardern said.
What could push a President trump over the fence, to articulate the idea of returning to the TPP negotiations, the recent trade disputes between the US and China. After Washington and Beijing exchanged ad rates, focused industrial goods and agricultural exports, respectively, the economic team of the President of trump began looking for new opportunities in trade.
“Now we do negotiate and I think they will treat us quite fair,” said President Erdogan. “I think they want”.
This attitude among Washington politicians was particularly encouraged by the political success of the global rates trump Administration for industrial metals.
Applied tariffs have been a number of economic and political agreements between the U.S. and its major trading partners and security. Washington has managed to negotiate favorable deals in exchange for the release of aluminium and steel rates for those partners who have demonstrated good will.
In this light, the trump, the administration hopes to get a better deal on TPP, as the Pacific region, which is strongly exposed to trade with China, appear to be related to the possible trade barriers and other adverse effects of the us-China dispute.
In particular, a significant development, the Vietnamese government expressed its support for the initiative of the President of the trump. Hanoi said the CCI is intended for us to join the Covenant.
It comes amid growing trade and political tensions between China and several countries of South-East Asia, including commercial and Maritime disputes in the South China sea, which includes both Vietnam and the Philippines.
Another aspect of U.S. support to join the TPP negotiations last of China’s achievements on the path of yuan diplomacy’. Investment projects of China in Asia and Africa, including one belt and one road initiative, as well as Beijing’s growing presence in mineral-rich countries in Latin America, the USA had more and more interested in discovering new investment opportunities of its own.
“These secondary, products with high added value will provide high-paying jobs and therefore more beneficial to the local economy,” said Minister of trade United States Wilbur Ross said. “We will not concede leadership in the hemisphere,… countries which… exploiting the rich natural resources of the region.”
A number of Latin American countries, including Peru and Chile – among TPP negotiators, and the two countries also control most of the continent to the Pacific coast, giving us an additional reason to conduct commercial transactions, motivated by political and geostrategic considerations.
All these factors suggest, the process of negotiation of the TPP could begin in the near future, although not expected to be quick and easy, at least the two main parties – Japan and Australia – will still seek to protect its own industry and agriculture as much as they can.
Sourse: sputniknews.com
