America’s rapid accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership would enhance US trade with important regional economies, and bolster their efforts to compete with China. US President Joe Biden should make it an urgent priority.
TOKYO – Former US President Donald Trump’s isolationist and protectionist “America First” policies seriously damaged America and its global leadership role. Raising tariffs on imports to the United States – in particular, from China – succeeded only in prompting other countries to impose reciprocal tariffs on US goods. Trump’s trade policy therefore ended up hurting most Americans, from farmers to middle-class consumers.
TOKYO – Former US President Donald Trump’s isolationist and protectionist “America First” policies seriously damaged America and its global leadership role. Raising tariffs on imports to the United States – in particular, from China – succeeded only in prompting other countries to impose reciprocal tariffs on US goods. Trump’s trade policy therefore ended up hurting most Americans, from farmers to middle-class consumers.