Biden wants the U.S. to rejoin Trans-Pacific Partnership, leading China watcher says
The TPP, a deeply crony deal crafted in back rooms seen to benefit China and many large US corporations (among other interests) is one of the few places where the “left” and Trump agreed. Trump ended the TPP upon entering the White House.
(From CNBC)
The outcome of the U.S. presidential election is still very much in play, but a victory for Democratic candidate Joe Biden would likely see the new president wanting the U.S. to rejoin the massive trade deal known as the Trans-Pacific Partnership in some new form, according to a Harvard-based China watcher.
The TPP was negotiated by the Obama administration but never approved by Congress. The pact was signed in February 2016 by 12 countries that included the U.S., Japan, Canada, Australia and Vietnam.
This article was originally posted here: https://www.ac2news.com/2020/11/biden-wants-the-u-s-to-rejoin-trans-pacific-partnership-leading-china-watcher-says/.
