Trump’s Tariffs Sideline the U.S., as Asia Presses Ahead With Free Trade Deals

A worker loads imported goods on a truck at a distribution company outside the container port in Qingdao, China, Oct. 14, 2019 (Chinatopix photo via AP Images).
A worker loads imported goods on a truck at a distribution company outside the container port in Qingdao, China, Oct. 14, 2019 (Chinatopix photo via AP Images).

President Donald Trump’s trade policy made a lot of headlines in 2019, particularly his trade war with China and his constant threats to impose tariffs on close U.S. partners and allies. But while America under Trump heads in a protectionist direction, 15 countries in the Asia-Pacific are putting the finishing touches on the world’s largest free trade area, known as the Regional Comprehensive Economic Partnership. RCEP, as the deal is known, is just one sign that the U.S. is increasingly “on the outside looking in” when it comes to multilateral trade agreements, according to former U.S. trade negotiator Wendy Cutler. […]

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