December 4, 2016

"The election of Donald Trump as the next president of the US has ushered in unchartered dimensions in global political and economic arrangements. At a time when free trade agreements are springing up around the world, a populist Trump seemed to have derived his electoral mandate mainly from those American communities most deprived of the fruits of the free flow of goods and services across national borders.

Trump has for example loudly proclaimed that upon his presidential inauguration, the US will withdraw from the much vaunted and previously championed Trans-Pacific Partnership (TPP), which brought together 12 Asia-Pacific countries (with more expressing interest) in a rigorous 'free-trade plus' framework. The protracted negotiations on a 'sister' Transatlantic Trade and Investment Partnership to open up more free trade between the US and the European Union will likely be shuttered under Trump. Even the decades-old North American Free Trade Agreement is under reconsideration."

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http://www.globaltimes.cn/content/1021841.shtml

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