Killing TPP is bad news for Americans, but great for China

by 10:00 PM 0 comments
We all lose the benefits of the greater productivity and lower prices that TPP would have provided. Moreover, less educated workers would have gained almost as much as more educated workers. Rather, the bulk of American workers, consumers and businesses likely will be hurt by the unfolding of US trade policies under President Trump. (CNN) It`s now clear that the election of Donald Trump will dramatically alter the shape of the world`s economy for the foreseeable future. But based on his executive action to withdraw from the negotiating process of the Trans-Pacific Partnership (TPP), this reshaping will not be for the benefit of US workers and citizens.

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