TPP failure would cost the US trade dominance

[GeraltofRivia]

TPP was already dying under Obama. No two TPP member state look eye to eye on most sensitive issues. Hence, high standard goes out the window.

What Trump would do is just let the TPP die off. He does not have to really try to crush it; it is already crushed.

About the services, how about several million US homes in which not even a single family member is employed?

In your wonder Indian world, India is so indispensable for a God-given service sector power house status and Trump can't simply afford alienating those super-intelligent, capable and efficient service providers of India? And this is while Trump can cross off China at a stroke and put some 40% taxon everything that comes from China into the US?

Would he also tax the export done by the US and other foreign companies established in China?

In that wonder Indian world, world's greatest trading nation with the deepest trade penetration can be easily sidelined and punished whereas India, a midget in trade in manufacturing and services cannot be sacrificed?

Sounds like an amazing logic.

This is despite the fact that China's trade in services (export and import) is several times larger than that of India.

If Trump really behaved like the way you described, I would ascribe it to some conspiracy - like him being fed with water bottled in India.

I took interested in studying TPP in a bit more detail recently as it has been debated extensively regards to its economical impact. After looking though the literature, it seems that TPP is, at the end of the day, a trade agreement, which is designed to facilitate trade and promote growth. If it does deliver the benefit to the early signatory nations, other countries including China should apply to join it, like WTO. If it does not, there is no need to bother too much.

Naturally if TPP is an exclusive club that many countries including China are not accepted due to certain reasons, we can always start something similar, which can also include the TPP countries as no one would forgo the trade opportunity.

 

[randomradio]

More likely they are not unskilled enough to replace you.

Nonetheless, this sums it up all. No need to engage further.

@Dungeness , @terranMarine , @FairAndUnbiased

One more person with no argument to make.

 

[Dungeness]

The emerging Trumped populist power unveils the official start of the collapse of a war-mongering regime.
This is a significant sign of paradigm shift in geopolitics.

He is the lesser of two evils. People voted for him just because they did not want to see the witch in the oval office. He is not going to be a nice guy to China.

 

[AndrewJin]

More likely they are not unskilled enough to replace you.

Nonetheless, this sums it up all. No need to engage further.

@Dungeness , @terranMarine , @FairAndUnbiased

His argument indicates we do live in parallel worlds. We are living in a world where the ongoing technology is sweeping across all the industries and killing low-skilled ill-educated labor in many developing countries, the number one super computer is in a developing country and nearly 500 million smart phones are sold in one year in a developing countries, 4 times higher than the second one.

One more person with no argument to make.

No need to provide arguments for people in another world. I am tired of enlightening many PDF RSSers.

He is the lesser of two evils. People voted for him just because they did not want to see the witch in the oval office. He is not going to be a nice guy to China.

No American president is nice to China. All presidents spoke harsh on China before and after the election day. Because China is the only country that has the power to challenge US in every aspect. China is not a puppet to US unlike nearly all other countries.

 

[randomradio]

I took interested in studying TPP in a bit more detail recently as it has been debated extensively regards to its economical impact. After looking though the literature, it seems that TPP is, at the end of the day, a trade agreement, which is designed to facilitate trade and promote growth. If it does deliver the benefit to the early signatory nations, other countries including China should apply to join it, like WTO. If it does not, there is no need to bother too much.

Naturally if TPP is an exclusive club that many countries including China are not accepted due to certain reasons, we can always start something similar, which can also include the TPP countries as no one would forgo the trade opportunity.

TPP's alternative is RCEP.

 

[AndrewJin]

I took interested in studying TPP in a bit more detail recently as it has been debated extensively regards to its economical impact. After looking though the literature, it seems that TPP is, at the end of the day, a trade agreement, which is designed to facilitate trade and promote growth. If it does deliver the benefit to the early signatory nations, other countries including China should apply to join it, like WTO. If it does not, there is no need to bother too much.

Naturally if TPP is an exclusive club that many countries including China are not accepted due to certain reasons, we can always start something similar, which can also include the TPP countries as no one would forgo the trade opportunity.

The failure of TPP will increase negotiation of China-SK-Japan trade deal, this will be the easiest.

 

[+4vsgorillas-Apebane]

It doesnt matter whos in charge, both parties are two sides of the same coin.

Pre election talk is worthless, these clowns will promise anything and rescind after taking office. Some people just like to talk and do fcuk all, the TPP has been in the talks for 7 years under Obama. The super power in the subcontinent talks of 'make in India' and their flagship product after several years is the FREEDON 251.

In China bulldozers, construction crews and cross border diplomats work away in OBOR and made in China 2025 while the others talk.

Well, taxi drivers and gas station owners are fairly easy to replace. Interesting, where do they get this arrogance from?

They foolishly call Chinese products and labour cheap while their own products and standards are much much lower. If they make anything at all.

If I have 251 rupees would I buy an Indian phone or a below average cup of coffee?

COFFEE PLEASE!

 

[GeraltofRivia]

The failure of TPP will increase negotiation of China-SK-Japan trade deal, this will be the easiest.

Haha yes indeed. It is interesting that China will find herself become the symbol of free trade and liberal economy as she wants to trade with everyone in order to bring goods and economical benefit to everyone without discrimination.

 

[JOEY TRIBIANI]

trump will make america a regional power .

 

[randomradio]

His argument indicates we do live in parallel worlds. We are living in a world where the ongoing technology is sweeping across all the industries and killing low-skilled ill-educated labor in many developing countries, the number one super computer is in a developing country and nearly 500 million smart phones are sold in one year in a developing countries, 4 times higher than the second one.

In the 90s, the number two supercomputer was in India.
http://hpcpark.blogspot.in/2012/09/indian-supercomputers.html
In 1990, a prototype was produced and was benchmarked at the 1990 Zurich Supercomputing Show. It surpassed most other systems, placing India second after US.

http://www.ipsnews.net/1998/03/science-india-india-beats-us-ban-on-supercomputer-exports/

So your argument there is irrelevant.

And you are completely wrong about technology sweeping ill-educated labour. It completely depends on govt policy and the type of labour. India isn't China. We have labour laws.

Technology is the very reason why manufacturing jobs will move back to respective countries or regional hubs, it cuts down costs of transportation and avoid import fees.

No need to provide arguments for people in another world. I am tired of enlightening many PDF RSSers.

You don't have any knowledge to provide enlightenment. Continue living in the make-believe world where you think the Americans can't impose tariffs.

With technology, the Chinese labour pool is no longer required. So Trump can stick any percentage he wants and get companies to make everything inhouse, just like India does. Luxury cars have a lovely 167% import duty in India. For regular cars it is 100%. Good luck if you believe the Americans can't raise tariffs.

 

[AndrewJin]

It doesnt matter whos in charge, both parties are two sides of the same coin.

Pre election talk is worthless, these clowns will promise anything and rescind after taking office. Some people just like to talk and do fcuk all, the TPP has been in the talks for 7 years under Obama. The super power in the subcontinent talks of 'make in India' and their flagship product after several years is the FREEDON 251.

In China bulldozers, construction crews and cross border diplomats work away in OBOR and made in China 2025 while the others talk.



They foolishly call Chinese products and labour cheap while their own products and standards are much much lower. If they make anything at all.

If I have 251 rupees would I buy an Indian phone or a below average cup of coffee?

COFFEE PLEASE!

Yes, the symbol of Make in India is Freedom 251.

trump will make america a regional power .

Yep, the power of American continent.

 

[+4vsgorillas-Apebane]

In the 90s, the number two supercomputer was in India.
http://hpcpark.blogspot.in/2012/09/indian-supercomputers.html
In 1990, a prototype was produced and was benchmarked at the 1990 Zurich Supercomputing Show. It surpassed most other systems, placing India second after US.

http://www.ipsnews.net/1998/03/science-india-india-beats-us-ban-on-supercomputer-exports/

So your argument there is irrelevant.

And you are completely wrong about technology sweeping ill-educated labour. It completely depends on govt policy and the type of labour. India isn't China. We have labour laws.

Technology is the very reason why manufacturing jobs will move back to respective countries or regional hubs, it cuts down costs of transportation and avoid import fees.



You don't have any knowledge to provide enlightenment. Continue living in the make-believe world where you think the Americans can't impose tariffs.

With technology, the Chinese labour pool is no longer required. So Trump can stick any percentage he wants and get companies to make everything inhouse, just like India does. Luxury cars have a lovely 167% import duty in India. For regular cars it is 100%. Good luck if you believe the Americans can't raise tariffs.

You are so detached from reality its hilarious.

Indian labour laws? On pen and paper you can talk about Indian labour laws but when the majority of people work outside of the formal workforce, labour laws are worth shit. The suffering of the masses in India is real, labour laws are only on pen and paper that the destitute working poor cannot read let alone comprehend.

Its the ground realities that matter, not what the Indian government babus talk about.

 

[AndrewJin]

You are so detached from reality its hilarious.

Indian labour laws? On pen and paper you can talk about Indian labour laws but when the majority of people work outside of the formal workforce, labour laws are worth shit. The suffering of the masses in India is real, labour laws are only on pen and paper that the destitute working poor cannot read let alone comprehend.

Its the ground realities that matter, not what the Indian government babus talk about.

I think he never lives in india to see the ground reality.
There is a delusional world among RSSers where people earn 5000 dollars per month, electricity is provided 24/7 and cows are the kings.

 

[randomradio]

You are so detached from reality its hilarious.

Indian labour laws? On pen and paper you can talk about Indian labour laws but when the majority of people work outside of the formal workforce, labour laws are worth shit. The suffering of the masses in India is real, labour laws are only on pen and paper that the destitute working poor cannot read let alone comprehend.

Its the ground realities that matter, not what the Indian government babus talk about.

You mean to say companies in the informal sector can buy automation? Lol.

You are so detached from reality it's hilarious.

Do you even know what the informal sector is?

I think he never lives in india to see the ground reality.
There is a delusional world among RSSers where people earn 5000 dollars per month, electricity is provided 24/7 and cows are the kings.

I've never even left India, thanks.

And your knowledge there is a sight to behold.

 

[TaiShang]

Haha yes indeed. It is interesting that China will find herself become the symbol of free trade and liberal economy as she wants to trade with everyone in order to bring goods and economical benefit to everyone without discrimination.

Very sharp observation.

The liberal/neoliberal globalization might be crumbling under many forces (UK exit, US elections, anti immigration, protectionist, wall-building sentiment etc.). But this perhaps does not mean the end of globalization as an idea. It might as well be that a new form of globalization (OBOR is a good framework) is being slowly constructed, with enough financial strength and institutional fundament.

Over the past few years, history has gone through some violent shift and fracturing. That creates a lot of negative energy (Syrian civil war, refugee crisis etc.) but, if managed well by China's government, the end result might be such that new globalization is shaped and managed entirely by China.