Penelope
Diamond Member
- Jul 15, 2014
- 60,260
- 15,767
- 2,210
instead of making a "deal" which he is so great at (according to him) he just pulled out of the TPP.
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Comprehensive and Progressive Agreement for Trans-Pacific Partnership
On 30 December 2018, the agreement entered into force between Australia, Canada, Japan, Mexico, New Zealand, and Singapore.
On 1 January 2019, Australia, Canada, Mexico, New Zealand, and Singapore implemented a second round of tariff cuts. Japan’s second tariff cut took place on 1 April 2019.[37]
On 14 January 2019, the agreement entered into force for Vietnam
Snip
In January 2018, the government of the United Kingdom stated it was exploring membership of the CPTPP to stimulate exports after Brexit and has held informal discussions with several of the members.[65] The country has an overseas territory, the Pitcairn Islands, in the Pacific Ocean.[66] In October 2018, Japanese Prime Minister Shinzo Abe said he would welcome the United Kingdom joining the partnership post-Brexit.[67]
On 25 January 2018, U.S. President Donald Trump in an interview announced his interest in possibly rejoining the TPP if it were a "substantially better deal" for the United States. He withdrew the U.S. from the original agreement in January 2017.[68]
On 12 April 2018, he told the White House National Economic Council Director Larry Kudlow and U.S. Trade Representative Robert Lighthizer to look into joining the new deal.[69]
U.S. Wheat Associates President Vince Peterson had said in December 2018 that American wheat exporters could face an “imminent collapse” in their 53% market share in Japan due to CPTPP. Peterson added, “Our competitors in Australia and Canada will now benefit from those [CPTPP] provisions, as US farmers watch helplessly.”
The National Cattlemen's Beef Association stated that exports of beef to Japan, America’s largest export market, would be at a serious disadvantage to Australian exporters as their tariffs on exports to Japan would be cut by 27.5% during the first year of CPTPP.[70][71]
Comprehensive and Progressive Agreement for Trans-Pacific Partnership - Wikipedia
------------------------------------------------------
Comprehensive and Progressive Agreement for Trans-Pacific Partnership
On 30 December 2018, the agreement entered into force between Australia, Canada, Japan, Mexico, New Zealand, and Singapore.
On 1 January 2019, Australia, Canada, Mexico, New Zealand, and Singapore implemented a second round of tariff cuts. Japan’s second tariff cut took place on 1 April 2019.[37]
On 14 January 2019, the agreement entered into force for Vietnam
Snip
In January 2018, the government of the United Kingdom stated it was exploring membership of the CPTPP to stimulate exports after Brexit and has held informal discussions with several of the members.[65] The country has an overseas territory, the Pitcairn Islands, in the Pacific Ocean.[66] In October 2018, Japanese Prime Minister Shinzo Abe said he would welcome the United Kingdom joining the partnership post-Brexit.[67]
On 25 January 2018, U.S. President Donald Trump in an interview announced his interest in possibly rejoining the TPP if it were a "substantially better deal" for the United States. He withdrew the U.S. from the original agreement in January 2017.[68]
On 12 April 2018, he told the White House National Economic Council Director Larry Kudlow and U.S. Trade Representative Robert Lighthizer to look into joining the new deal.[69]
U.S. Wheat Associates President Vince Peterson had said in December 2018 that American wheat exporters could face an “imminent collapse” in their 53% market share in Japan due to CPTPP. Peterson added, “Our competitors in Australia and Canada will now benefit from those [CPTPP] provisions, as US farmers watch helplessly.”
The National Cattlemen's Beef Association stated that exports of beef to Japan, America’s largest export market, would be at a serious disadvantage to Australian exporters as their tariffs on exports to Japan would be cut by 27.5% during the first year of CPTPP.[70][71]
Comprehensive and Progressive Agreement for Trans-Pacific Partnership - Wikipedia