Trans Pacific Partnership
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We've been very vocal both as an industry and as a company, and we've repeatedly said that the mother of all trade barriers is currency manipulation. And the TPP failed to address that.
We supported TPP strongly and wish [the president] would have embraced it. Protectionism isn't good for U.S. workers, consumers or the economy. That's the fear of changing NAFTA and walking away from TPP.
We were really hoping for TPP to go through. We're really hoping to work with this new administration and really are hopeful they will support an open trade market. If it wasn't for the exports that we have currently, the pork producers would probably be hurting quite a bit. Because the [domestic] market is so saturated right now that they wouldn't be getting a very good price for their product.
We're going to have very, very strong controls over monetary manipulation and devaluation, which they didn't have in TPP. If that particular country doesn't treat us fairly, we send them a 30-day termination, notice of termination.
So I'm meeting with her tomorrow. I don't have my commerce secretary! They want to talk trade. So I'll have to handle it myself. Which is okay. Plus, we're going to have very, very strong controls over monetary manipulation and devaluation, which they didn't have in TPP. So this is going to be so much better. And we're already on it. We are going to protect the integrity of the ballot box. And we're actually going to sign the stuff that you're writing, you're not wasting your time.
We must protect our borders from the ravages of other countries making our products, stealing our companies and destroying our jobs.
Whether you like it or not, the global economy is the big ocean that you cannot escape from. We will open our arms to the people of other countries and welcome them aboard the express train of China's development.
We're going to have to invest in getting our eighth graders and high school grads to do well with math so they can be viable. We're not going to create the grunt work of yesterday; that's not our future. When those manufacturing jobs come back, they're going to be different jobs, and there will be less of them because we're so much more productive that we used to be. You're going to have an American worker making 80 grand a year – one guy running a robot – rather than 10 Chinese workers in a room doing it by hand. We're not going to get the 10 jobs coming back from China.
Consider the message delivered: Walk away from global trade if you wish, President Trump, but be wary of those who pick up the mantle of leadership as you throw it away.
Virtually all economic analyses of the proposed TPP … provided empirical arguments that the TPP would raise U.S. workers' income, both for highly educated and less educated workers.
If TPP were to be implemented, Japanese carmakers such as Toyota and Honda could have benefited, based on the current tariff of 2.5 percent imposed on exports.
The tech industry is so exposed to that – it needs China. I am actually worried we are radically altering the way our economy works in real time. If we lose the Trans-Pacific Partnership (TPP) one of the levers of protecting American companies will go away.
That's the future growth of the world right now. We can't give the impression to our allies or friends in Asia that because the president is against TPP ... that therefore economically we're going to pull away from Asia. That's a terrible message.
The reason Abe is unable to accept the current situation is because the TPP is of excessive strategic importance to Japan. From Japan's perspective, the TPP is a key part of the Japan-U.S. alliance. Seeing the disputes surrounding the TPP from the U.S. and Japan, China is even more determined to participate and promote integration in the Asia-Pacific region.
Every country that went through the process of TPP had to do politically difficult things at home.
I think President Trump also understands the importance of free and fair trade, and I want to steadfastly seek his understanding of the strategic and economic significance of the TPP agreement.
This agreement was so constructed that it can only enter into force with the United States as a ratifying country. So the TPP as a deal cannot happen without the United States being a party to it.
It's disappointing. We know trade improves productivity, innovation and supply chains, and helps drive economic growth.
We have been very vocal both as an industry and as a company, and we have repeatedly said that the mother of all trade barriers is currency manipulation. TPP failed in meaningfully dealing with that, and we appreciate the president's courage to walk away from a bad trade deal.
We've repeatedly said that the mother of all trade barriers is currency manipulation and TPP fails in meaningfully dealing with that. We appreciate that the president's courage to walk away from a bad trade deal.
As Prime Minister Abe has made clear, TPP without the United States is meaningless and the balance of interests would crumble.
We think that in the present situation, no matter what happens, all should keep going down the path of open, inclusive, continuous development, seeking cooperation and win-win.
We want to have more opportunities with more markets. We already have a China-Australia Free Trade Agreement. Certainly there is the potential for China to join the TPP.
First to market means something. The U.S. being in on the ground floor, along with Chile and Singapore and Brazil and New Zealand and Mexico and Canada and others, really put us in an advantageous position to have this agreement reflect our values and made sure it protected our workers and our businesses and gave us fair access to those markets. Short-term and long term I see this as not positive for U.S. interests economically and certainly not in terms of our prestige and our leadership in Southeast Asia.
We're now going to be competing against other countries who are going to reduce over 18,000 tariffs. Those tariffs will now stay in place for the U.S.. This is going to be devastating for American farmers and ranchers and businesses. It's the equivalent of building the largest duty-free shopping zone in the world and then declaring we don't want to participate.
We are going to have trade, but we're going to have one on one. And if somebody misbehaves, we'll send them a letter of termination. 30 days and they will either straighten it out or we're gone.
We've got this RCEP (Regional Comprehensive Economic Partnership) agreement with Southeast Asia, which up until now has been on a bit of a slow burn but we might find the political will for that to pick up if TPP isn't going to proceed.
We urge the new administration to utilize all means available to return the United States to a competitive position, so that our industry can continue to serve this important international customer base and further expand our export opportunities.
I like trade and we need to negotiate down barriers. It's just not an easy thing to do.
Mounting competition and new trade agreements within that region that exclude the U.S. continue to block opportunities for the U.S. feed industry to capture this demand.
We look at access to the Asia Pacific region as being very, very important to both the beef and pork industries.
There is no change to our view that free trade is the source of economic growth.
Losing the United States from the TPP is a big loss, there is no question about that. But we are not about to walk away ... certainly there is potential for China to join the TPP.
The agreement still has value as a FTA (Free Trade Agreement) with the other countries involved.
We saw dollar weakness in conjunction with those falling yields, and it led to a strengthening of the yen. Much of it was based on non-economic news. We saw the U.S., through executive action, withdraw from the TPP, which brings up some broader questions about the degree of trade protectionism that we might see out of the new administration. That certainly played into today's activity.
A TPP without the U.S. would be incredibly difficult, but we do have a window until 2018, when the treaty needs to be ratified. We believe we still have an opportunity to convince the U.S. about the importance of free trade. I do believe the two countries can have an appropriate conversation about the role that Japan is playing in reality, including cost. We need to take this step by step.
Companies love free trade. Companies get to share profits with shareholders, the government gets the taxes, but workers don't get their fair share.
The TPP's 5,000+ pages actually had very little to do with trade. Instead, corporations tried to turn it into a wish list for policies that they knew would never pass through Congress.
This is all diplomacy. There is no benefit. The idea was diplomatic rather than economic.
Certainly I know that Indonesia has expressed a possible interest and there would be scope for China . . . indeed other countries, to consider joining and to join in order to get the benefits that flow as a consequence.
A White House official tells NBC News that as early as Monday, President Trump is expected to sign an executive order that will put in motion the renegotiation of NAFTA. President Trump is also expected to sign an executive order announcing his intention to withdraw from TPP, a trade agreement among 11 other Pacific Rim countries.
When we met last time, I believed him to be trustworthy, this belief has not changed today.
Japanese investments into the United States top $410 billion and create 800,000 jobs. This is the reality of what's happening right now. As long as we convey that clearly, we believe that there will be a clear understanding on the economic front.
"I do believe the two countries can have an appropriate conversation about the role that Japan is playing in reality, including cost. We need to take this step by step,"
Up until now, the tests were conducted once every three years. We believe the situation is becoming increasingly dangerous. Amid that threat, our country, in addition to the U.S., and South Korea – the alliance must work together to counter this.
The lack of any key U.S. economic data overnight had dealers focused exclusively on the Trump administration's trade policy and the signing of the executive order to pull out of the TPP.
Losing the United States from the TPP is a big loss, there is no question about that. But we are not about to walk away from our commitment to Australian jobs. You have to recognize that his secretary of state, Rex Tillerson, has been a longtime advocate for it. The Republican Party in the Congress have been strong supporters of the TPP. It is possible that U.S. policy could change over time on this, as it has done on other trade deals.
If you ask me today, I'd say there's a pretty low chance of that happening in a form that we'd find satisfactory. But we wouldn't want to rule it out, any more than we'd want to rule out other versions of progress on free trade, with TPP or not. That's why I've indicated we'd be interested in preserving the option or of finding other ways of encouraging the engagement of the U.S. in the Asia-Pacific.
Trade is something soybean farmers take very seriously. We export more than half the soy we grow here in the United States, and still more in the form of meat and other products that are produced with our meal and oil. The TPP held great promise for us, and has been a key priority for several years now. We're very disappointed to see the withdrawal today.
Tomorrow's going to be trade day, NAFTA, TPP withdraw and some stronger enforcement of trade deals.
Just like in the World Trade Organization (WTO), India has been very recalcitrant on market access opening...India is very loathe to open its markets to anyone, even its friends and allies.
Proposals in the RCEP negotiations are trying to introduce IP measures far tougher on access to medicines than what is required under international trade rules. If accepted, the agreement would restrict access to affordable generic medicines for people in many countries that will be part of the agreement and for the millions of people around the world who rely on life-saving affordable generic medicines from India.
I can't predict what the new administration is absolutely going to do with the trade, but I can absolutely tell you that the fundamental reasons for the TPP haven't changed. Shift in our administrations in Washington is not going to alter or fundamentally undermine the commitments of the United States to prosperity and stability and security of the Asia-Pacific. Our friendship doesn't depend on individuals or personalities.
We will certainly continue to look for trade opportunities. Australia is a trading nation.
Talk of the TPP being dead is premature. We need to give the Americans time to work through this issue.
Perry has always supported free trade and its positive impact on economic growth and job creation. He believes America can achieve robust economic growth and job creation, similar to what has occurred in Texas, with trade agreements like the Trans-Pacific Partnership.
When we do that, we benefit.
It's a rape of our country. It's a harsh word, but that's what it is – rape of our country.
If the TPP is a no-go, then RCEP must be brought to a conclusion, the earlier the better and I think realistically we are talking about the end of 2017.
I believe that TPP is a plus for America's economy, America's workers, American jobs. I think not moving forward would undermine our position across the region, our ability to shake the rules of global trade in a way that reflects our interests and our values.
Net net, the loss of TPP is going to be a loss for China. There's this popular view that the TPP was meant to be exclusive of China, and that's simply not true: The U.S. wanted to get China engaged at a second (round of discussions), and the Chinese were quietly showing interest in that.
I don't see any meaningful benefit for China from the U.S. rejection of TPP. There will be a good deal of diplomatic theater but it all gets forgotten by the next news cycle. The Chinese will talk about grand new deals but the only truly free trade agreement they've ever signed is with Taiwan, and that is still primarily political. The Chinese will certainly sign trade agreements, but they will do nothing to change the Asian economy.
American allies are freaked out about this in Asia. The Chinese are licking their lips – they're very happy about it.
This means that everyone in Asia no longer sees the United States as a credible leader, so they have to go to China for leadership. There's a little bit of triumphalism in Beijing.
That is to say, we hope that all sides do not consider or interpret free trade arrangements from the perspective of geopolitics. There is no zero sum relationship between the various free trade arrangements, and they should not be mutually exclusionary, but rather should promote each other.
I think that in this process, China will make its own contribution and play its own role.
This would disturb the fundamental balance of benefits, which is also why renegotiation is impossible.
Of course, Trump does not propose to go that far. There is no sign of reforming the fundamentals of the international trading regime. Trump's promise is far more basic. It is one based on a retreat from free trade with, perhaps, a dash of old-fashioned economic isolationism. That being so, Trump discarding the TPP in the short to medium-term is a fairly safe bet.
The irony is inescapable. The TPP was designed by the US specifically to counteract its waning influence in Asia and combat the rise of China. The TTIP was espoused as an essential tool to consolidate trade rules that reflect the US's interests and values. And yet the likelihood is that both agreements may eventually be destroyed by a president whose entire sales pitch has been based on reasserting the US's greatness on the global stage.
A bigger issue is these are really simple solutions that are being given [by Trump], that 'let's cancel NAFTA, let's cancel TPP and somehow that's going to get things okay in our country'. It's not going to be that simple and that worries me more.
I think [Trump pulling out of TPP] will give a jolt to globalisation and I don't think it will necessarily be a bad thing. The same trade deals would be more justified if they had democratic legitimacy.
Mexico has to have a means of integrating itself with the Asia-Pacific (region).
If one power exits a space, you can bet another will step in.
We hope that these trade deals will follow the World Trade Organisation (WTO) rules and be helpful to the multilateral trade system. Also, we hope these agreements can reinforce rather than thwart each other.
A Trump presidency looks set to anger a lot of countries in the world with its trade policy. There are no one-way gains in trade and good trade deals need to advance benefits for all sides. Trump's America first rhetoric is profoundly incompatible with good trade deals.
I think what happens is bilateral negotiations between the United States and China.
Canada has to stay close to the US because it is its biggest market. But then it should accelerate its policy to diversify its trade with other parts the world, including China.
It basically means that TPP is dead. It was an initiative to coordinate all the existing U.S. Free Trade Agreements, and then with new additions like Japan. The entire economic rationale for TPP falls flat without the U.S. as participant.
In a renegotiation, one side can come in with requests, but the other side is going to expect concessions. We need to know what we're going to ask for and what we can give.
Time will tell whether and to what extent the new administration and the new congress engages with the TPP or an evolved version of that agreement. There is very strong support among the other 11 parties to the TPP to ratify it and to seek to bring it into force.
It is President-elect Donald Trump's right as the democratically-elected next leader of the United States to make the policy decisions he thinks right. I am a strong supporter of developing trade and open regionalism in Asia Pacific. It is key to benefiting our peoples.
We still hold very firmly the view that the TPP is a great deal not only for Australia, but for all countries that have signed up to the agreement. It's an agreement that will help to drive regional economic integration. It's a deal that provides good market access for Australian exporters and so for that reason, Australia's view is that we will press ahead with our domestic processes.
We can modify that clause and also take advantage to modify other clauses that might be uncomfortable for us.
The TPP would be meaningless without the United States. This is the problem that cannot be solved without the relationship of trust between leaders.
Whether it's producing steel, building cars or curing disease, I want the next generation of production and innovation to happen right here, on our great homeland: America. This will be creating wealth and jobs for American workers. I am going to issue a notification of intent to withdraw from the Trans-Pacific Partnership, a potential disaster for our country; instead we will negotiate fair, bilateral trade deals.
If U.S. workers are more expensive than Mexican workers, the only way to level the playing field is to do things that raise costs in Mexico.
There is no precedent in free trade negotiations for one side raising tariffs more than the other.
We've also exchanged opinions about the need to pressure North Korea more because the nuclear missile threat from that country has increased.
From here on, through the joint public and private sectors, we will promote Japanese involvement in infrastructure and other sectors in Argentina.
This is the problem that cannot be solved without the relationship of trust between leaders. I will be directly communicating with President Putin and make progress one solid step at a time.
Even if the United States doesn't want to engage in free trade, President Trump needs to know other countries do.
It's an enormous golden age of opportunity for American manufacturers and American suppliers to ship things to Asia because Asians have rising incomes. They want to spend. They have a high appetite for high quality products.
Japan wants to take the lead and encourage other like-minded TPP countries to fulfil their commitments.
The TPP is not just a technical trade agreement. Countries should stand by the same values of freedom, democracy, human rights, and rule of law.
There are 18,000 products that will come out of the United States into TPP countries and those are going to be more or less duty-free. It's an enormous golden age of opportunity for American manufacturers and American suppliers to ship things to Asia because Asians have rising incomes. They want to spend. They have a high appetite for high quality products.
It's definitely is going to be a negative policy decision. It's going to reaffirm to potentially a lot of countries in the region, or a lot of people who look towards the United States, that maybe the United States isn't committed to Asia long term.
I would say, look, Asia is a very important place. The United States really would be wise to sit down and think how can we actively engage Asia, China, because this is where things are going to happen in the next 50 years.
We think the TPP, in our particular company, [would] generate numerous high paying jobs mostly in services -- social media, design, sales, and marketing.
I don't think we'll hear a lot on TPP for a while. We've got to wait for the U.S. administration to get it through Congress, be clearer about its policies, which we're not clear on.
The demise of the TPP will still do lasting harm to Japan's long-term prospects even if the RCEP comes into force.
Do I think our campaign, in a sense, made Hillary Clinton a better candidate? Yeah I do. And I'll tell you why, because by the end the campaign she was against the Keystone Pipeline, by the end the campaign she was against the [Trans Pacific Partnership trade deal], by the end the campaign she was for making public colleges and universities tuition free.
TPP dying just leaves the U.S. in the same situation we are now. If the Trump administration goes further, for example by discriminating against trade with Asia, this would open to the door to a greater Chinese role.
There's no doubt that there would be a pivot to the Regional Comprehensive Economic Partnership if the TPP doesn't go forward. RCEP doesn't include the United States, leaving China the economy with the largest gross domestic product.
Increasing trade in this area of the world would be a boon to American businesses and American workers, and it would give us a leg up on our economic competitors, including one we hear a lot about on the campaign trail these days: China. The world has changed. The rules are changing with it. The United States, not countries like China, should write them.
The collapse of the TPP agreement may galvanize momentum for the successful conclusion of the RCEP, with China and ASEAN playing central roles in strengthening the APAC trade architecture.
There's no doubt that there would be a pivot to the RCEP if the TPP doesn't go forward.
A weak yen, TPP ... all these things that were the basis of success for Abenomics risk being upended by a Trump presidency. Abe will probably compile a third supplementary budget. But what's next? I wonder how he could scrape out money to fund yet another big stimulus package next year.
The Berlin Wall lasted 40 years . . . why do we want another wall? In Latin America we must show solidarity.
We're going to stand up to China, withdraw from TPP – which is another disaster – and protect every last American job.
Various credible sources tell me that Obama will NOT try to pass the TPP in lame duck. Not unexpected, but there it is.
We'll need to talk with the others to change the limiting clause that meant us having to wait until the United States had completed the approval process.
There haven't been any effects so far because I think the economic players are waiting to see how campaign rhetoric translates into public policy.
We can't anticipate anything because we'd be anticipating something that wouldn't suit anybody, which is a trade war.
Just imagine how many more automobile jobs will be lost if the TPP is actually approved. It will be catastrophic. That's why I have announced we will withdraw from the deal before that can ever, ever, ever happen.
Just imagine how many more automobile jobs will be lost if the TPP is actually approved. That is why I have announced we will withdraw from the deal before that can ever happen. Hillary Clinton will never withdraw from the TPP.
The Trans-Pacific Partnership (TPP) is a dead letter in this environment, as is the Transatlantic Trade and Investment Partnership (TTIP), [which is ] already on life support.
China believes we should set a new and very practical working plan, to positively respond to the expectations of industry, and sustain the momentum and establish a free trade area in Asia-Pacific at an early date.
Trade and investment protectionism is rearing its head, and Asia-Pacific faces insufficient momentum for internal growth, and difficulties in advancing reforms.
He's not going to shut down trade. He's going to get a better deal on TPP. He's going to do these things. This guy's a dealmaker.
The biggest thing we're concerned about is the TPP. We need to make them (Congress and the President) understand that 95 per cent of the world's consumers are outside the US and we need to be playing out in that marketplace, so the TPP will help.
But, many Asian countries were not all that much in favor of TPP to start with ... so I don't think that it's a negative.
On the trade front, more broadly, I think TPP doesn't go anywhere anytime soon.
There's a considerable amount of Chinese wood furniture firms moving their investments to Vietnam, to enjoy tax incentives.
So far this year, I've had more than 30 Chinese wood companies coming to me for consultation. There's a considerable amount of Chinese wood furniture firms moving their investments to Vietnam, to enjoy tax incentives.
Tax rates here are also much more favourable. Labour costs in their mainland are getting much higher.
Vietnam so far hasn't shown a clear opinion on the two candidates ... but Vietnamese people have shown clearly that they want Hillary Clinton to win.
I don't like China, or Chinese, but their firms are coming here more and more. Speaking Chinese may widen my job opportunities and help me earn a good job with good benefits.
They are going to move ahead and get access to these markets at our expense. Our market share is actually going to decline in some of these fast-growing, large markets.
The textile industry, for the first time in its history, [is] supporting a trade agreement.
Trade agreements … [are] how we shape the global economy and make sure that we have level playing field to compete.
We've got the widest, broadest support across the economy. The technology companies, manufacturers, services companies, [and] virtually the entire agriculture sector [are] all in favor of this agreement.
While pushback on the Trans-Pacific Partnership could have some implications for aircraft sales into the Asia region, we do not view this as a significant risk. Some speculate that the lack of the TPP could ultimately help Airbus gain share as the perception of Boeing is negatively impacted in the Asia region, but it is early to make this call.
An early entry into force of the TPP will be a big chance and we will aim to quickly achieve a 1 trillion yen [USD10 billion] target [of annual agricultural exports].
We'll further accelerate Abenomics and maximize the pace of moving out of deflation.
But it's going to be hard. I think it's less than an even chance, but there is a genuine chance. It's possible we can get it passed.
Sometimes when there's no election to face and people are leaving and others who are staying, they may see the wisdom of TPP.
Sometimes when there's no election to face and people are leaving and others who are staying, they may see the wisdom of TPP. But it's going to be hard. I think it's less than an even chance, but there is a genuine chance. It's possible we can get it passed.
Many argue that monetary policy is reaching its political and/or ideological limit, even if theoretically interest rates can go deeper into negative territory than the ECB or BOJ have.
Right now, China is pushing hard to create their own trading regime out in Asia. And I promise you that China is not going to be setting up a bunch of rules that are going to be to the advantage of American companies and American businesses.
I think the real stumbling block, the real impediment, the obstacle here is (the U.S.) Congress.
If you're frustrated about rules of trade that disadvantage America, if you're frustrated about jobs being shipped overseas ... then you want to get this thing passed.
The TPP on its face should be a clear plus. And we're going to continue making that case.
And what I'll be telling them is that the U.S. has never had a smooth, uncontroversial path to ratifying trade deals, but they eventually get done. Back home we'll have to cut through the noise once election season is over. It's always a little noisy there.
Anti-trade rhetoric during the election in the U.S., coupled with the priority given to TPP and TTIP, as well as frustrations with India paint a grim picture [for future agreements].
In this part of the world, which is the largest emerging market in the world, TPP is seen as a litmus test for U.S. leadership. We would be stepping back from that leadership role, we would be ceding the region to countries like China who do not set the same types of high standards for trade agreements were we to not follow through with TPP.
The failure of the TPP is likely to have limited implications for the U.S. economy.
A failure of the TPP to get over the line will represent a missed opportunity for many Asian economies.
We think there's a sense of urgency there.
If that goes through, that would be China setting the rules for trade in that part of the world.
We believe that sometime this year would be the best chance to get this approved. I'm not going to say it's the only chance, but we think it's the best chance.
The [Obama] administration is pushing this. They, in fact, gave the 30-day notice of intent to act just last week. So now we believe there's a real good opportunity between now and the end of the year [to pass TPP].
All we have to do is cast one ballot on Aug. 9. With your one vote, you can stop amnesty for good. With your one vote you can stop TPP. With your one vote you can end rule by corporations ... You can end the serfdom to special interests and become free, safe and secure.
They have to fix this agreement and renegotiate some pieces of it if they have any hope or chance of passing it. He was doubtful this could happen.
Hopefully after the election is over and the dust settles there will be more attention to the actual facts behind the deal and it won't just be be a political symbol or a political football. Forces of globalization and technology have not always benefited everybody evenly. There are fears and anxieties that people may be left behind. These anxieties are legitimate. They can't be ignored.
The last major issue outstanding has to do with biologics and intellectual property rights.
With [the] TPP, more investors will come to Vietnam. Our company will grow with Vietnam's economy.
Though Bernie is exhausted and has given up on his revolution, many of his voters still want to keep up the fight. I expect that millions of Bernie voters will refuse to vote for Hillary because of her support for the War in Iraq, the invasion of Libya, NAFTA and TPP, and of course because she is totally bought and sold by special interests.
First of all, Hillary is against TPP, and she's always going to stay against TPP, let me be crystal clear about that.
She is against it before the election and after the election. She is not interested in renegotiating the TPP.
Just like I have warned from the beginning, Crooked Hillary Clinton will betray you on the TPP.
After promising to oppose the TPP, it's important for Clinton to pick someone who shares that position -- especially after her delegates rejected that position in the party platform.
It's a genuine concern, but investors have to realize he could take action without congressional approval. I do think that's a serious threat, but I would also say that neither he nor Hillary is going to be very aggressive looking for new trade deals. I think we hit a wall on things like the Trans Pacific Partnership. With him there's a serious risk there could be worsening relations with China.
Presumptive Democratic nominee Hillary Clinton came around to our position and now opposes the TPP. With our help, she's never going back. Presumptive Republican nominee Donald Trump opposes the TPP, too, although he says outsourcing creates jobs, so who knows where he really stands.
Hillary Clinton was totally for the TPP just a short while ago, but when she saw my stance, which is totally against, she was shamed into saying she would be against it, too.
The U.S. and the U.K. have a special, deep relationship that will continue. I think TPP is profoundly in the interest of American workers and the U.S. economy. It would promote a level playing field. I think it would be a big mistake [now] to step away from the world.
It's safe to say that the TPP won't be perfect - no deal negotiated among a dozen countries ever will be - bit its higher standards, if implemented and enforced, should benefit American businesses and workers.
In seven months or so, I'll be on the job market, and I'm glad I'm going to be here. I'm going to get on LinkedIn and see what comes up.
I don't mind being America's pitch man.
We're continuing to work with congressional leaders to find the right opportunity, the right window of opportunity, to get TPP passed this year.
If everybody else does it, those countries in the China-sphere are going to relocate their loyalties and their economic relationships [there] and not the United States. If we don't get more competitive, somebody else is going to sell [goods and services] to them.
We've beaten the dickens out of the NAFTA [North American Free Trade Agreement]. But the fact is it's created all kinds of jobs here the United States.
The TPP would actually pose serious threats to one of our ocean's greatest treasures, sharks. The TPP not only fails to meaningfully address the problem of shark fin trading, but it could actually lead to the slaughter of more sharks.
This is definitely not good news for Abe and it's going to make it harder to sell the TPP.
Looking beyond TPP, we also have in sight the realisation of FTAAP that will create an even bigger market. At this APEC summit, we were able to create a roadmap for that.