January 25, 2017
TPP Was Doomed To Fail
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
-
How Long Will Deterrence Hold?
Mike hosts Michèle Flournoy, former Co-Founder and Chief Executive Officer of the Center for a New American Security (CNAS), where she currently serves as Chair of the Board o...
By Michèle Flournoy
-
Trump’s Second Term: How Will the New Administration Reorder U.S. Foreign Policy?
The return of President Donald Trump to the White House represents a significant moment for both US foreign policy and geopolitics. Following Trump’s comprehensive election wi...
By Lisa Curtis
-
Sharper: Trump's First 100 Days
Donald Trump takes office in a complex and volatile global environment. Rising tensions with China, the continued war in Ukraine, and instability in the Middle East all pose s...
By Charles Horn
-
The Trump-Biden-Trump Foreign Policy
The stability of U.S. interests and values, the role of Congress, and the realities of today’s world will demand a significant measure of constancy....
By Richard Fontaine