transporter
Well-Known Member
2017 was a lost year for U.S. trade policy. We took several steps backwards and none forward.
The losses started in January with the U.S. withdrawal from the Trans Pacific Partnership, a trade agreement with 11 other nations that had been negotiated by the Obama administration, but not yet signed into law by Congress. Rather than suggest any improvements, the Trump administration abandoned the agreement entirely
There's a common theme to all of this: 2017 brought no new trade liberalization. Despite Trump's promises of great new bilateral trade agreements, no such negotiations were even initiated, much less completed.
In contrast, major U.S. trading partners have been pushing ahead with their own trade liberalization. The European Union and Japan are getting close to a final trade deal. And the remaining TPP countries are working to complete one without the United States, having suspended some of the provisions that were in there because of U.S. demands. Instead of leading the way on trade liberalization, U.S. interests are now being shoved aside by others.
https://www.cnbc.com/2018/01/09/how-trump-can-get-his-trade-act-together-in-2018-commentary.html
Unfit for the position...was...is...and always will be.