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Leaving TPP Was ‘Strategic Blunder,’ Says Former U.S. Trade Rep By? Connor Cislo ?and? Maiko Takahashi 2017年11月5日 GMT-5 17:00:00?Updated on?2017年11月5日 GMT-5 22:37:15 Withdrawal from pact lets China advance regional strategy Asian countries watching for new U.S. policy, says Froman The Trump administration’s decision to withdraw from the Trans-Pacific Partnership trade agreement will cost the U.S. access to markets in the Asia-Pacific and make it easier for China to advance its own vision for the region, said Michael Froman,?who served as the U.S. Trade Representative under President Obama. Michael Froman Photographer: Fiona Goodall/Getty Images Froman, who led U.S. negotiators in the creation of the multilateral trade pact, said?in an interview on Friday that the nation would become less competitive in the region as other countries move ahead with their own trade agreements. President Donald Trump withdrew the U.S. from the TPP early in his administration, and has stated a preference for pursuing bilateral trade deals. Froman characterized the move as a retreat of U.S. leadership in the Asia-Pacific. I think the Trump administration has put the thumb on the scale in terms of a China-centric Asia-Pacific, he said. That’s not in the interest of an open, free and rules-based global trading system. Froman,?who is now a fellow at the Council on Foreign Relations, spoke ahead of Trump’s first presidential visit to the region, a trip that includes meetings with leaders from Japan, China, South Korea and Vietnam. He expects security concerns related to North Korea to be the dominant issue in most of the countries the president visits. Trump’s Trip But there will still be pressure on economic issues. When there are trips by presidents, there’s always a search for deliverables, said Froman. He pointed to agreements previously reached between Japan and the U.S. in the TPP negotiations as available to take off the shelf if the two countries want to produce concrete results. In
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