The Trans Pacific Partnership ( Tpp ) Essay

The Trans Pacific Partnership ( Tpp ) Essay

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During the tough times in the economy in and the upcoming election in America, the Asian economy has been doing slightly better. With Asian countries on the verge of opening their borders to trade, this is a great opportunity for America to get in on the act and reclaim its power on the world economy. Prior to the 2008 economic recession, America was the powerhouse in the economy and most countries looked up to America as the economic driving force. After the economic recession, a shift of power in the economy has happened and some countries in Asia have been able to prosper despite the economy might not be as stable. Although joining the Trans-Pacific Partnership (TPP) would bring negative reactions among Latin America, TPP countries have been willing to expand their trade agreements and would be fine if neighbouring countries want to join in the trade agreement as well. With an opportunity for America to expand its trade agreements in Asia and reassert the Western views in the Eastern world, this will be a great opportunity for America to make trade agreements with Pacific Asian countries and will lead to more opportunities in the future.
With the development of the TPP in Asia, America has been slow to answer in whether they will join the TPP or not. After 5 years of negotiation in the TPP trade, countries finally have agreed to most terms and it is now in the hands of US congress and the upcoming president to agree to this trade. With the upcoming American election in November, the next American president will have their say in whether they want America to be part of this pact or not. As the final two candidates have their stance on the TPP agreement, it would be beneficial that they agree to this trade since this woul...


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...there are concerns of a new government, damaging its relationships with neighbouring countries and not beneficial to its own country. If America were not to join in this trade that could further extend their power into the Eastern Hemisphere and create closer relationships, it would be a great loss for America. With the economy struggling so much and big opportunity to stimulate its growth, America does not want to miss out on these opportunities. As America looks to regain its authority figure in the world, this is the first step in achieving that goal. If America were to reject TPP, it should begin thinking of its consequences with uncertainty in the economy, as well as less influence on East Asia to exert its America interests. At the end of the day, it will all come down to who is the next American president and whether their interests align in joining with TPP.

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