Showing posts with label Nenad Tufekcic. Show all posts
Showing posts with label Nenad Tufekcic. Show all posts
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"Trans-Pacific Partnership cancellation will undermine emerging market economies that straddle the Pacific, make the cost of goods coming from Vietnam, Cambodia and Thailand (and other places, goods that simply cannot be made in the U.S. and for which the Wal-Mart and Target shoppers must have the price they want) more expensive and start an isolationist trade practice off-the-bat. It is simply a poorly conceived strategy for the President-elect to say so. Also President-elect Trump does not comprehend that the U.S. economy is 68.3% consumer spending economy - thus if you make the goods more expensive through tarriffs or disallowance of trade agreements - the economy will collapse." - Nenad Tufekcic
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