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11. Now That TPP Is off the Table, What's Next for NAFTA?

Author:
Michelle Nicholasen
Publication Date:
03-2017
Content Type:
Working Paper
Institution:
Weatherhead Center for International Affairs, Harvard University
Abstract:
After President Trump withdrew the United States from the Trans-Pacific Partnership (TPP) trade agreement earlier this year, it seemed that NAFTA was next in his crosshairs. But soon President Trump is expected to take a measured approach to the issue of trade and step away—at least temporarily—from his threats to dismantle the North American Free Trade Agreement (NAFTA) by signing an executive order calling for a comprehensive study of US trade imbalances. The Trump worldview has consistently blamed foreign trade deficits, especially those with China, for job losses here at home. He has wanted to take down NAFTA to purportedly save American jobs, calling it “the single worst trade deal ever approved in this country.”Much like healthcare, trade networks are complicated, and not all agreements have the same goals. It’s instructive to take a closer look at both TPP and NAFTA, two very different trade agreements, to evaluate how a more protectionist stance might play out. Heavily promoted by the Obama administration, TPP would have allowed the United States to form a trade consortium with eleven Pacific Rim nations (representing 40 percent of the world’s GDP) to secure market access and protections for certain US industries. More than this, the political reason to join TPP was to provide a US-led counterweight to China’s growing dominance in the region’s economy.
Topic:
Regional Cooperation, NAFTA, Trans-Pacific Partnership, and Trade
Political Geography:
United States, China, Canada, Asia, North America, and Mexico

12. The Global Exchange (Summer 2017)

Author:
David J. Bercuson, Hugh Stephens, Robert Hage, Robert Huebert, Stefanie Von Hlatky, Lindsay Rodman, Stephen M. Saideman, Hugh Segal, and Vanja Petricevic
Publication Date:
06-2017
Content Type:
Journal Article
Journal:
The Global Exchange
Institution:
Canadian Global Affairs Institute (CGAI)
Abstract:
The Global Exchange is the Canadian Global Affairs Institute’s quarterly magazine featuring topical articles written by our fellows and other contributing experts. Each issue contains approximately a dozen articles exploring political and strategic challenges in international affairs and Canadian foreign and defence policy. This Summer 2017 issue covers trade deals, human rights, defense, cybersecurity and more.
Topic:
Defense Policy, NATO, Human Rights, Territorial Disputes, Cybersecurity, Trans-Pacific Partnership, Free Trade, Transparency, and Deterrence
Political Geography:
China, Europe, Canada, North America, and Arctic

13. US-Vietnam Relations Under President Trump

Author:
Huong Le Thu
Publication Date:
11-2017
Content Type:
Commentary and Analysis
Institution:
Lowy Institute for International Policy
Abstract:
Under President Obama the bilateral relationship between the United States and Vietnam flourished. Despite some misgivings about the future direction of US policy in the region under President Trump, Hanoi is working hard to ensure that the relationship continues to expand. With the key elements of President Trump’s Southeast Asia policy still unclear, the president’s visit to the region comes at a critical moment. This is especially the case for Vietnam whose bilateral relationship with its former adversary, the United States, developed significantly under the Obama administration. While Hanoi was disappointed with President Trump’s abandonment of the Trans-Pacific Partnership, there are strong signs that the relationship will continue along a positive trajectory.
Topic:
Foreign Policy, Politics, Bilateral Relations, Trans-Pacific Partnership, Donald Trump, and Barack Obama
Political Geography:
Vietnam, North America, Southeast Asia, and United States of America

14. Trading Down: Unemployment, Inequality and Other Risks of the Trans-Pacific Partnership Agreement

Author:
Jeronim Capaldo and Alex Izurieta
Publication Date:
01-2016
Content Type:
Working Paper
Institution:
Global Development and Environment Institute at Tufts University
Abstract:
Proponents of the Trans-Pacific Partnership agreement (TPP) emphasize its prospective economic benefits, with economic growth increasing due to rising trade volumes and investment. Widely cited projections suggest modest GDP gains after ten years, varying from less than half a percentage point in the United States to 13 percent in Vietnam. However, these projections assume full employment and constant income distribution in all countries excluding some of the major risks of trade liberalization. In this paper, we provide alternative projections of the TPP’s economic effects using the United Nations Global Policy Model. Allowing for changes in employment and income distribution, we obtain very different results. We find that the benefits to economic growth are even smaller than those projected with full-employment models, and are negative for Japan and the United States. More important, we find that the TPP will likely lead to losses in employment and increases in inequality.
Topic:
Regional Cooperation, Inequality, Trans-Pacific Partnership, and Unemployment
Political Geography:
United States, Asia, Vietnam, North America, and Asia-Pacific

15. The Dispatch (Spring 2016)

Author:
David J. Bercuson, Jean-Christophe Boucher, J. L. Granatstein, David Carment, Teddy Samy, Paul Dewar, Roy Rempel, Eric Miller, Anthony Cary, Chris Westdal, Rolf Holmboe, Randolf Mank, Marius Grinius, P. Whitney Lackenbauer, and Adam Lajeunesse
Publication Date:
03-2016
Content Type:
Journal Article
Journal:
The Global Exchange
Institution:
Canadian Global Affairs Institute (CGAI)
Abstract:
The Dispatch (later called The Global Exchange) is the Canadian Global Affairs Institute’s quarterly magazine featuring topical articles written by our fellows and other contributing experts. Each issue contains approximately a dozen articles exploring political and strategic challenges in international affairs and Canadian foreign and defence policy. This Spring 2016 issue includes articles on Canada's international reputation, foreign relations, defense policy and more.
Topic:
International Relations, Security, Defense Policy, Peacekeeping, Cybersecurity, Weapons, Brexit, Nonproliferation, Syrian War, Trans-Pacific Partnership, and Peace
Political Geography:
Britain, Russia, China, Canada, Israel, Asia, North Korea, Syria, North America, and Arctic

16. The Dispatch (Winter 2016)

Author:
David J. Bercuson, Frédérick Gagnon, Randolph Mank, Colin Robertson, Robert Huebert, Hugh Stephens, Gary Soroka, Hugh Segal, Daryl Copeland, David Perry, and Robert Muggah
Publication Date:
12-2016
Content Type:
Journal Article
Journal:
The Global Exchange
Institution:
Canadian Global Affairs Institute (CGAI)
Abstract:
The Dispatch (later called The Global Exchange) is the Canadian Global Affairs Institute’s quarterly magazine featuring topical articles written by our fellows and other contributing experts. Each issue contains approximately a dozen articles exploring political and strategic challenges in international affairs and Canadian foreign and defence policy. This Winter 2016 issue includes articles on the election of Donald Trump, energy policy, Canadian defense capability, and more.
Topic:
Foreign Policy, NATO, Energy Policy, Elections, Trans-Pacific Partnership, Trade, and Donald Trump
Political Geography:
Russia, Japan, Europe, Canada, North America, Arctic, and United States of America