Discover and read the best of Twitter Threads about #cptpp

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Chinese Premier Li Keqiang told reporters Thursday that “China has a positive and open attitude toward joining the #CPTPP .”

The premier’s comment appears to be the first time that a Chinese leader has publicly confirmed China’s interest in joining in.…
Professor @mahbubani_k , founding dean of the Lee Kuan Yew School of Public Policy at the National University of Singapore, told @caixin that he is “very encouraged” by Li’s “strong and powerful” signal about joining the #CPTPP, which would “make the region much more stable”.
“The US has decided to launch a geopolitical contest against China, unwisely. So the best way in which China can respond is not to close up its economy, but to open up its economy. Then China should strengthen its links with its neighbors and with the rest of the world,” he said.
Read 15 tweets
"Low- and middle-income households spend a higher fraction of their income and non-housing expenditure on tariffs ..

The findings suggest that tariffs act as a regressive tax that weighs most heavily on women and single parents."
“When you lose those markets you fight so hard for, it’s hard to get them back": Montana farms among those struggling with U.S. trade policies…
Trump moves to slap tariffs on $11 billion in EU imports, including helicopters, cheeses, wines, kitchen knives and bicycles, in response to Airbus subsidies…
Read 5 tweets
In 2012, Tim Cook announced Apple would make a Mac computer in the US.

But when Apple began making the $3000 computer in Texas, it struggled to find enough screws. By the time the computer was ready for mass production, Apple had ordered screws from China
Apple CEO Tim Cook: “The skill here is just incredible. In the US, you could have a meeting of tooling engineers and I’m not sure we could fill the room. In China, you could fill multiple football fields.” (h/t @scottlincicome)
"Caterpillar said costs tied to new US tariffs on foreign goods, including steel and aluminum, were just above $100 million over the 5 months of 2018 that they were in effect.

The company expects more than $200 million in tariff-related costs this year."…
Read 140 tweets
THREAD: Thank you so much to all the people sending me kind messages of appreciation and support after seeing my recent appearances with @jimmy_dore, where we talked about Julian Assange, #Unity4J, WikiLeaks, #DecipherYou & Snowden.

Posting the vids & some other key work below:
Here's my first segment with Jimmy: we discussed my and the amazing @ElizabethleaVos' top 10 findings from our #DecipherYou series studying the Edward Snowden files live online. Really appreciate all the people sharing this content. You can watch it here:
In my second segment with Jimmy: we talked about how @JulianAssange saved Edward Snowden's life & discuss the founding of the #Unity4J movement to free Julian & support @wikileaks: a movement supported by over 70 top whistleblowers, journos & truth tellers
Read 14 tweets
Tomorrow @PeterGHallXIII and I will be discussing the latest results from @ExportDevCanada's Trade Confidence Index (our semi-annual survey of 1,000 Canadian exporters).

In addition to the usual questions on the outlook, we've added #NAFTA, investment, #CPTPP and more. #CdnEcon
...Here's a rundown of the results, starting with a short video by @PeterGHallXIII to tee up the release of @ExportDevCanada's latest Trade Confidence Index #CdnEcon
Key finding 1: Since our last survey, Canadian exporters have become more optimistic about the near-term outlook - due to by higher expected domestic and export sales.
Read 14 tweets
"Trump has used Harley-Davidson as an example of a US business that is being harmed by trade barriers. Yet Harley has warned consistently against tariffs, saying they would negatively impact sales"

Harley, hit by tariffs, shifts some production overseas…
Important issue highlighted by @riotwomennn: are tariff exemptions determined by bribes?

Corker: "22,000 companies have asked for exemptions.There is no basis to deal with them. Are they going to grant these exclusions based on political contributions?"
Trump’s trade war with the European Union is going to cost Harley-Davidson as much as $100 million a year and force the manufacturer to shift production out of the U.S.…
Read 232 tweets
If you were lucky enough to get part of the 13% of the tax cut that went to bonuses and raises, better save it up for the coming price hikes and trade war.

Trump will approve a 25% tariff on steel imports and 10% on aluminum next week…
“These U.S. measures will have a negative impact on transatlantic relations and on global markets": EU vows to hit back against Trump in trade war after announcement of steel and aluminum tariffs…
Despite an intense lobbying campaign by UK cabinet ministers and officials, Trump imposes 'devastating' steel tariff affecting $500 million in annual British steel exports to the US…
Read 17 tweets
1: I worry sometimes that too much of our narrative about modern Asia is overly Sinocentric -- Chinese advance, Chinese growth, Chinese initiative ... and then US/allied reaction. But this misses much of the story of Asia's last three decades.
2. For example, it has become fashionable to ascribe efforts to build a pan-Asian economic/institutional order to rising Chinese assertiveness or, more precisely, to Chinese ambition. And that is a simple, straightforward enough narrative. But it is just one part of the story.
3. Thus contemporary Asian regionalism for instance—the desire to forge at least some cohesion out of the region’s enormous diversity—has found expression not just in China but across Asia and over many decades.
Read 13 tweets

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