TPP failure would cost the US trade dominance

[AndrewJin]

I don't think sensible Americans will buy the fear-mongering corporate media ......Pivoting to Asia in the cold war mindset does not really help Americans export more beef or get more manufacturing jobs....




http://www.cnbc.com/2016/10/06/tpp-failure-will-be-uss-loss-chinas-gain-exim-bank-boss-says.html

China is ready to "pounce in" to engage with the 11 countries the U.S.has struck a trade accord with, if the Trans-Pacific Partnership (TPP) falls through, a U.S. government official said on Thursday.

Fred Hochberg, chairman of the Export–Import Bank of the U.S., told CNBC of the that the rest of the world was moving quickly on free trade agreements, with 600 already in place.

"We really can't afford to sit on the sidelines and lose out," Hochberg said on the sidelines of the India Economic Summit of the World Economic Forum in New Delhi. "If we don't do TPP, China is ready to engage with them."

The U.S. and 11 countries in the Pacific region last year reached an accord to liberalize trade, set common trade standards and cut barriers. But doubts have grown over whether U.S. Congress would ratify the agreement, after both U.S. presidential candidates adopted a more protectionist stance ahead of the November elections.

China already has a plan to compete against the TPP.

The world's second-largest economy is the key driver of the Regional Comprehensive Economic Partnership (RCEP), a trade deal between the 10 member states of the Association of Southeast Asian Nations(ASEAN) plus regional trading partners including Australia, China, India, Japan, New Zealand and South Korea.

 

[艹艹艹]

RCEP vs TPP

 

[Götterdämmerung]

TTP and RCEP have nothing in common. RCEP does not demand countries to give up their souvereignty and does not include terms that allow companies to sue a country in a secret arbitrary tribunal in Washington if, e.g. a country does not allow poisonous food to be sold in its market and demand compensation for lost profits.

 

[AndrewJin]

TTP and RCEP have nothing in common. RCEP does not demand countries to give up their souvereignty and does not include terms that allow companies to sue a country in a secret arbitrary tribunal in Washington if, e.g. a country does not allow poisonous food to be sold in its market and demand compensation for lost profits.

But it seems that a lot of PDF viets are for their government to be sued by american consortiums.

 

[Viet]

But it seems that a lot of PDF viets are for their government to be sued by american consortiums.

China is a member of WTO, isn´t it?

Let say if China imposes trade restrictions on german products, whatever the products to be, it is legal the affected german companies sue your government. if those restrictions run counter WTO rules.

troll harder!

TTP and RCEP have nothing in common. RCEP does not demand countries to give up their souvereignty and does not include terms that allow companies to sue a country in a secret arbitrary tribunal in Washington if, e.g. a country does not allow poisonous food to be sold in its market and demand compensation for lost profits.

don´t talk nonsense!

 

[Götterdämmerung]

don´t talk nonsense!

 

[Sanchez]

Unfair Trade Barrier？Real German words？

 

[Götterdämmerung]

Unfair Trade Barrier？Real German words？

It's a jeu de mots. Unverhandelbar (un-negociable) becomes Unfair Handelbar (unfair negociable).

 

[Viet]

You should provide something that backs your claim instead of posting picture of a demonstration that is unrelated to Tpp.

 

[Götterdämmerung]

You should provide something that backs your claim instead of posting picture of a demonstration that is unrelated to Tpp.

TPP = TTIP

 

[Viet]

TPP = TTIP

May have some similarities but not the same. Look, the german peasants demonstrate because they fear a free trade can threaten their purchase of third house and fourth Mercedes car, while such sorrow does not exist in Vietnam.

 

[Götterdämmerung]

May have some similarities but not the same. Look, the german peasants demonstrate because they fear a free trade can threaten their purchase of third house and fourth Mercedes car, while such sorrow does not exist in Vietnam.

Last time you called Plattdeutsch a peasant language, now you call people peasants who don't want to get poisoned by Monsanto. You have little to no respect for people who grow your food.

The funny thing is, a large part of my friends are old aristocratic families and only few of them support TTIP. You on the other hand, what status do you have in our society compared to the Bismarck, Hohenzollern, Welfen etc.?

Here is one member of highest European aristocracy criticising the fat treacherous cow's policy:

 

[Viet]

Last time you called Plattdeutsch a peasant language, now you call people peasants who don't want to get poisoned by Monsanto. You have little to no respect for people who grow your food.

The funny thing is, a large part of my friends are old aristocratic families and only few of them support TTIP. You on the other hand, what status do you have in our society compared to the Bismarck, Hohenzollern, Welfen etc.?

Here is one member of highest European aristocracy criticising the fat treacherous cow's policy:

No wonder that you are against free trade. The aristocratic families possess large land territories, the land lords, enjoying government subsidies, paid by hard working people. suffered by high tax burden. So people like me

 

[AndrewJin]

Last time you called Plattdeutsch a peasant language, now you call people peasants who don't want to get poisoned by Monsanto. You have little to no respect for people who grow your food.

The funny thing is, a large part of my friends are old aristocratic families and only few of them support TTIP. You on the other hand, what status do you have in our society compared to the Bismarck, Hohenzollern, Welfen etc.?

Here is one member of highest European aristocracy criticising the fat treacherous cow's policy:

They are not well assimilated to Germany....
They can enjoy the prosperity but can never share the sorrow and loss.
They can speak German, but can never think like German.
In Chinese, we have a saying, when the tree is down, monkeys on the tree will all flee away.
That's the ultimate situation of an immigration country.

 

[Götterdämmerung]

No wonder that you are against free trade. The aristocratic families possess large land territories, the land lords, enjoying government subsidies, paid by hard working people. suffered by high tax burden. So people like me

You don't even make sense. First you accused people who are against TTIP to be peasants, now it's the landed aristocracy. Not only that, our economy has been dependent on free trade second to none and obviously we never had problems with free trade particularly with the US outside of the EU. In other words, this treaty has nothing to do with free trade.

BTW, practically all my friends are conducting free trade either by themselves or by members of their family, regardless whether it's commodity or service.

If you moan about the high taxes, this has nothing to do with free trade, well, actually yes it does, it's the criminal Wall Street banking system that causes high taxes for the ordinary worker. But that probably is too deep for you to understand.