Trump says U.S. won't be 'taken advantage of anymore.' Hours later, Pacific Rim nations reach deal on trade without America.

[Amica Nostra 4,803]

Trump says U.S. won't be 'taken advantage of anymore.' Hours later, Pacific Rim nations reach deal on trade without America.

DANANG, Vietnam — President Trump delivered a fiery speech on trade here Friday, declaring that he would not allow the United States to be “taken advantage of anymore” and planned to place “America first.”

And then, less than 24 hours later, 11 Pacific Rim countries collectively shrugged and moved on without the U.S.

On Saturday, the countries announced they had reached a deal to move ahead with the Trans-Pacific Partnership free-trade pact that Trump threw into question when he withdrew from it earlier this year.

The agreement represents something of a rebuke of Trump, coming near the end of his five-country, 12-day swing through Asia, and reflects the willingness of other nations to proceed without the buy-in of the United States.

 

https://www.washingtonpost.com/amphtml/news/post-politics/wp/2017/11/10/trump-says-u-s-wont-be-taken-advantage-of-anymore-and-hours-later-pacific-rim-nations-reach-deal-on-trade-without-u-s-buy-in/

[jg121783 3,915]

TPP is about as good a deal as NAFTA. Trump made the right call on that one.