Why President Trump May Not be Able to Ignore TPP

The transcript discusses the Trans-Pacific Partnership (TPP) and its potential revival under the Trump administration, despite Trump's preference for bilateral over multilateral deals. It highlights the challenges of achieving favorable bilateral agreements and the economic risks associated with Trump's trade policies. The text also explores potential adjustments to the TPP to make it more acceptable to the Trump administration, including addressing currency manipulation. Additionally, it considers China's role in trade agreements and its potential benefits from stronger relations with TPP countries.

What was the main reason for the TPP's unpopularity during the Trump campaign?

• It was seen as beneficial only to Asian countries.

• It was unpopular with business associations.

• It was opposed by both Trump and Clinton.

• It was not supported by the Obama administration.

Why does the Trump administration prefer bilateral trade deals?

• They are more popular with the public.

• They are easier to negotiate.

• They believe it offers more leverage.

• They are less time-consuming.

What is a potential downside of Trump's approach to trade?

• Increased trade with Asia

• Stronger multilateral agreements

• A potential trade war

• Higher business investments

What modification could make TPP more acceptable to the Trump administration?

• Excluding China from the agreement

• Increasing tariffs on imports

• Adding provisions on currency manipulation

• Reducing the number of participating countries

What is the significance of the meeting in Chile regarding TPP?

• It plans to dissolve the TPP completely.

• It aims to exclude China from TPP.

• It seeks to rebuild Asia Pacific economic integration.

• It focuses on reducing trade with South Korea.

How might China benefit from a revised TPP?

• By isolating itself from TPP countries

• By strengthening trade relations with TPP countries

• By reducing its trade agreements

• By increasing tariffs on TPP countries

What is the stance of TPP countries towards China?

• They want to isolate China.

• They want to deepen ties with China.

• They want to exclude China from trade agreements.

• They want to impose tariffs on China.