America’s exit from the Trans-Pacific Partnership should serve as a breakthrough development to spur widespread prosperity across the United States and build durable economic ties to the most promising and dynamic parts of Asia. This exit is far from signaling the death knell of U.S. regional leadership.
TPP died a slow, painful death when it repeatedly met the court of public opinion throughout the 2016 U.S. presidential election. Political figures Donald Trump and Bernie Sanders saw too many Americans left behind by a globalized economy. Many people forget that even pivot architect Hillary Clinton climbed on the anti-TPP bandwagon in 2015.
On his first full business day in the White House, President Trump signed an executive order officially withdrawing the United States from the twelve-nation Pacific trade pact and let his constituents know that he was fulfilling a campaign promise. By then, it was obvious that Iran had more paths to a nuclear weapon than TPP had to political approval within the American political body.
Read the full article at The National Interest.
More from CNAS
ReportsDealing with a Taliban-Controlled Afghanistan
Executive Summary Nearly 20 years after U.S. forces overturned Taliban rule in Afghanistan, the fundamentalist Islamist movement is back in power. This follows the U.S. troop ...
By Lisa Curtis
Congressional TestimonyThe Strategic Importance of a U.S. Digital Trade Agreement in the Indo-Pacific
Chairman Bera, Ranking Member Chabot, and the other distinguished Subcommittee Members: I appreciate this opportunity to speak with you about digital trade with the Indo-Pacif...
By David Feith
CommentaryWashington’s Missing China Strategy
The Biden administration has repeatedly identified China as the United States’ foremost foreign policy challenge. Secretary of Defense Lloyd Austin has referred to China as th...
By Richard Fontaine
VideoNo Progress Seen After Russia-U.S. Talks Over Ukraine Tensions
The United States and Russia locked horns over Ukraine and other security issues Monday with no sign of progress from either side at highly anticipated strategic talks. Andre...
By Andrea Kendall-Taylor