WASHINGTON:Obama: ‘ TPP No Ordinary Trade Deal its Meant to Undermine China’s Position ‘

Ace Finance & Markets News

#AceFinanceNews – Featured Report:WASHINGTON:July.08: The Trans-Pacific Partnership (TPP) is not just an ordinary trade deal: it is meant to undermine China’s positions in the Asia-Pacific and strengthen Washington’s hegemony in the region for decades to come, US expert Sean Mirski explains.

The Trans-Pacific Partnership (TPP) is not just about trade: the deal will alter the balance of power in the Asia-Pacific strengthening Washington’s positions in the region for decades to come, US expert in international affairs Sean Mirski asserted.“In short, then, the TPP has been presented and criticized as if it were an ordinary trade deal. It’s not. The treaty boasts strategic consequences that make it well worth passing,” the expert stressed.

“If the TPP can change the trajectory of American power relative to China’s, it may be the single most important factor in whether the United States retains its “indispensable” role in the 21st Century,” he elaborated.

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