Trade has been central to the 2016 presidential political debate, from Donald Trump threatening 45 percent tariffs on Chinese imports to Senator Bernie Sanders (I-Vt.) pressuring former Secretary of State Hillary Clinton to oppose President Barack Obama’s Trans-Pacific Partnership deal, the pact she earlier celebrated as the “gold standard” for trade accords.
from Ian Bremmer:
On the surface, Barack Obama’s recent Japan visit struck all the right chords for Tokyo. For the first time ever, an American president stated that the U.S.-Japan security treaty extends to the Senkaku/Diaoyu islands dispute, the most combustible geopolitical conflict between Japan and China. And Obama and Japanese Prime Minister Shinzo Abe announced a “key milestone” for negotiations on the Trans-Pacific Partnership (TPP), the trade deal that encompasses 12 countries and more than 40 percent of the world’s economic output.