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U.S. Out of TPP-Ag Export Opportunities Potentially Lost


Financial Times writers Demetri Sevastopulo, Shawn Donnan and Courtney Weaver reported yesterday that, “President Donald Trump signalled he will put trade protectionism at the heart of his economic policy, withdrawing the US from a historic Pacific trade pact [the Trans-Pacific Partnership (TPP)] and threatening to punish American companies for moving production overseas on his first working day in office.”

The FT article noted that, “Advocates of TPP have insisted the pact is as much a geostrategic agreement as a trade deal, binding together the US with its closest Asian allies in an economic bloc that encircles a rising China, which has refused to participate in the deal and has been promoting its own regional trade arrangements.”

Read the entire article here.

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