Obama Strikes Out on Asian Trade Negotiations

Posted by Neal Asbury on May 8, 2014 · Leave a Comment 

A metaphor for President Obama’s recent trip to Asia was the widely aired game of soccer he had with a Japanese robot. In essence, Japan made Obama kick the impending Trans-Pacific Partnership (TPP) — which unites 12 economies around the Pacific Rim — down the road as trade talks stalled. How important is TPP to American trade? The Peterson Institute for International Economics projects that it could cause American exports to rise by $123.5 billion per year by 2025.... Read More

Filed under Articles, Economy, Free Trade, Politics · Tagged with American car manufacturing, American imports, Asian Trade Negotiations, Free Trade Agreement, Obama, U.S. beef and rice, U.S. exports, U.S. jobs