Time to revisit trans-Pacific Trade

Related Categories: Democracy and Governance; Economic Sanctions; International Economics and Trade; China
Related Expert: Joshua Eisenman, Sean King

"China’s prospective bid, which comes on the heels of signing the 15-nation Regional Comprehensive Economic Partnership (RCEP) trade agreement, bolsters Beijing’s claims that it supports multilateral free trade arrangements and ostensibly demonstrates its commitment to regional economic integration. Beijing, it seems, is taking the waning days of “America First” to advance its global economic position."

They continue this idea, explaining how China becoming apart of this deal has made them stronger and shows the potential for what the US could achieve by rejoining. 

"But while the Quad and Five Eyes are evolving into a bulwark of Asian political, security and intelligence cooperation, U.S. leadership on the economic front remains weak. That’s where the CPTPP comes in."

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