Do they realize that this apparently cuts China out of the picture? With a slowing consumer based economy in China, TPTB will likely turn to militarization to unify and strengthen their economy. (Guns and butter theory.)
In addition, wasn’t NAFTA such a great idea? All these agreements do nothing to lift our industries, economy and employment. They act as levelers with us as the losers. We cannot compete with third world wages, lax third world environmental laws and our own laws that increasingly lock up natural resources.
Lol...I keep hearing that. But, does anyone actually expect the business community to not allow China into a agreement later down the road? People are in denial. China will simply join later.