Trans-Pacific Partnership

Trading Pains and Gains: Expanding Trade Alliances in Asia

 Since its rather humble beginnings as a free trade agreement between Chile, Brunei, Singapore, and New Zealand in 2005, the Trans-Pacific Partnership (TPP) agreement has ballooned into a pact that includes two of the three biggest economies in the world.  TPP is also an open platform.  Unlike bilateral pacts that are between two countries, the underlying assumption of the multilateral deal is that it will continue to expand and increase its membership beyond the original 12 nations.

Trade Agreements & Election 2016

In rare agreement on the campaign trail, Democrats and Republicans have been critical of the proposed Trans Pacific Partnership (TPP) agreement and other global trade deals. In spite of criticisms, President Obama hopes that the upcoming “lame duck” session of Congress will consider the pact. And both Hillary Clinton and Donald Trump have promised a new approach to trade negotiations if elected. Why have trade agreements become a major issue in this election season? What portion of lost jobs and income inequality are directly linked to “free” trade deals?

Betwixt and Between: Great Power Competition and ASEAN’s Relations with Japan and the United States

The power struggle between China and the United States has led to a competition between Beijing and Washington to bring like-minded countries into their respective folds. With the ongoing conflict between the two countries changing the security, trade, and diplomatic landscape of the Asia-Pacific region, there has also been a rise in Southeast Asia-centered regionalism. ASEAN’s unity has diminished amid a rise of two camps, one pro-United States, and one pro-China.

TPP, the NAFTA Countries, and the Integration of the Americas

While the three North American countries, Canada, Mexico, and the United States, together acccount for a large share of TPP GDP and intra-TPP trade, their trade is also already governed by NAFTA. Though NAFTA is a far-reaching and long-standing mega-regional agreement, there is a large unfinished agenda in the integration of the North American economy, a gap which TPP could help fill.

Expanding the TPP?: Prospects for South Korea, Taiwan, and ASEAN

The outlook for the Trans Pacific Partnership agreement to be ratified remains uncertain, particularly given the political hurdles facing the world’s most ambitious trade pact. That has not, however, stopped the debate about the possibility of expanding TPP membership beyond the 12 founding members. Certainly, TPP would not only enhance trade relations, but it could also further security as well as diplomatic relations, especially in Asia.

Argentina in the World: Changing Patterns of Global Insertion

 

 
Economic crises in Brazil and Venezuela, two of the largest economies in the Mercosur trading bloc, have renewed questions about the future of South American integration. This is especially true in light of alternative models such as the Pacific Alliance.

Infographic | What are Candidates Saying about Issues Important to U.S.-Mexico Relations: Trade Policy

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