The Trump’s Administration Trans-Regional Project and the Competition for Economic Integration in the Paci?c
DOI:
https://doi.org/10.32870/mycp.v10i30.748Keywords:
commercial competition, trade agreements, commercial liberalization, competitive advantages, economic integrationAbstract
The text proposes a particular reading of the Asia Pacific-North America-Europe integration project (designed and partially implemented by Donald Trump’s trade advisers) and the conditions under which it faces the political competition of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP, headed by the Japanese government) and the Regional Economic Comprehensive Partnership (RCEP, led by the Chinese government). In this context, the article highlights the scope of each of these trade regulation initiatives, and, using Japan’s example shows how each government is willing to make trade concessions to its counterparties, depending on each partner and each trade agreement. The work proposes that advisers to the Trump administration set a turn by abandoning capital formation, to embrace the consumption of families and government as the main comparative advantage of the US economy. In this new situation, access to the US and/or to the North American markets, underprivileged conditions, costs to accept and comply with the regulations of bilateral agreements and/or the United States-Canada-Mexico Agreement (USMCA). The author concludes that Asian and North American partners of the US government should review trade relations between them to close the circle of bilateral agreements and benefit from the US initiative.Downloads
References
APEC. (2008). 2008 Leaders’ Declaration. https://www.apec.org/Meeting-Papers/Leaders-Declarations/2008/2008_aelm
ASEAN. (2020). Joint Leader’s Statement on The Regional Comprehensive Economic Partnership (RCEP). https://asean.org/joint-leaders-statement-regional-comprehensive-economic-partnership-rcep-2/
ASEAN. (s. f.). ASEAN-China Free Trade Area. Building Strong Economic Partnerships. https://www.asean.org/storage/images/2015/October/outreach-document/Edited%20ACFTA.pdf
Department of Foreign Affairs and Trade. (2019). CPTPP suspensions explained. Australian Government. https://www.dfat.gov.au/trade/agreements/in-force/cptpp/outcomes-documents/Pages/cptpp-suspensions-explained
Kyu, P. (2015, octubre 19). How China’s exclusion form the TPP could hurt its economic growth. Fortune. https://fortune.com/2015/10/19/china-exclusion-tpp-economic-growth/
Ministry of Foreign Affairs of Japan. (2021, febrero 8.). Text of Regional Comprehensive Economic Partnership (RCEP) Agreement. https://www.mofa.go.jp/policy/economy/page1e_kanri_000001_00007.html
New Zealand Foreign Affairs & Trade Ministry. (s. f.). Comprehensive and Progressive Agreement for Trans-Pacific Partnership text and resources. https://www.mfat.govt.nz/en/trade/free-trade-agreements/free-trade-agreements-in-force/comprehensive-and-progressive-agreement-for-trans-pacific-partnership-cptpp/comprehensive-and-progressive-agreement-for-trans-pacific-partnership-text-and-resources/
Nixon, R. M. (1967). Asia after Viet Nam. Foreign Affairs, 46(1). https://www.foreignaffairs.com/articles/united-states/1967-10-01/asia-after-viet-nam
Office of the US Trade Representative. (2019). U. S.-Japan Trade Agreement Text. Disponible https://ustr.gov/countries-regions/japan-korea-apec/japan/us-japan-trade-agreement-negotiations/us-japan-trade-agreement-text
Office of the US Trade Representative. (s. f.). Agreement between the United States of America, The United Mexican States, and Canada 7/1/20 Text. https://ustr.gov/trade-agreements/free-trade-agreements/united-states-mexico-canada-agreement/agreement-between
Palmer, D. (2013, febrero 20). US says Japan must negotiate on rice to join trade talks. Reuters. https://www.reuters.com/article/usa-japan-kirk/update-2-u-s-says-japan-must-negotiate-on-rice-to-join-trade-talks-idUSL1N0BK5U720130220
Ramírez Bonilla, J. J. (2020a). Bye bye Latin America? México y la política económica internacional de la administración Trump. En Observatorio América Latina-Asia Pacífico, América Latina y Asia: Entre la revolución digital y la globalización cuestionada (pp. 146-177). ALADI; CAF; CEPAL. https://www.observatorioasiapacifico.org/images/publicaciones/Cuarto_Seminario_Academico/Libro_IV_Seminario_Final.pdf
Ramírez Bonilla, J. J. (2020b). La administración Trump y la transición del proteccionismo consensuado al proteccionismo coercitivo. En E. Tzili-Apango, J. L. León-Manríquez & G. Pérez-Gavilán (Eds.). Asia Pacífico: Poder y prosperidad en la era de la desglobalización (pp. 237-294). http://dcsh.xoc.uam.mx/repdig/index.php/libros-dcsh/politica-y-cultura/item/337-asia-pacifico-poder-y-prosperidad-en-la-era-de-la-desglobalizacion
Reuters. (2018, octubre 11). USTR to Congress: US wants to open trade talks with EU, UK, Japan, Philippines. https://www.reuters.com/article/us-usa-trade-ustr/ustr-to-congress-u-s-wants-to-open-trade-talks-with-eu-uk-japan-philippines-idUSKCN1ML2G2
Ricardo, D. (2014). Principios de economía política y tributación. Fondo de Cultura Económica.
Ruiz, C. (2020, noviembre 18). RCEP vs TMEC: Un nuevo frente de debate. El Financiero. https://www.elfinanciero.com.mx/opinion/clemente-ruiz-duran1/rcep-vs-tmec-un-nuevo-frente-de-debate
Trump, D. (2016). Transcript of Donald Trump’s Foreign Policy Speech, April 27, 2016. The Fiscal Times. https://www.thefiscaltimes.com/2016/04/28/Transcript-Donald-Trump-s-Foreign-Policy-Speech-April-27-2016
Trump, D. (2017). Remarks by President Trump at APEC CEO Sumiit, Da Nang, Vietnam. The White House. https://trumpwhitehouse.archives.gov/briefings-statements/remarks-president-trump-apec-ceo-summit-da-nang-vietnam/
United Nations. (2019). 2019 Revision of World Population Prospects. https://population.un.org/wpp/
United Nations. (s. f.). National Accounts – Analysis of Main Aggregates (AMA). https://unstats.un.org/unsd/snaama
Downloads
Published
Versions
- 2021-09-28 (4)
- 2021-08-27 (3)
- 2021-08-27 (2)
- 2021-08-27 (1)
How to Cite
Issue
Section
License
Copyright (c) 2021 México y la Cuenca del Pacífico
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Open Access Policy
This journal provides open access to all its contents, in adherence to the principle that making research freely available supports a greater global exchange of knowledge.
MyCP is licensed under a Creative Commons Attribution-NonCommercial license, also known as CC BY-NC.
Contents are published in both PDF and XML formats.
Authors who publish in México y la Cuenca del Pacífico must accept the following conditions:
Pursuant to Mexican copyright laws, México y la Cuenca del Pacífico acknowledges and respects the authors’ moral right and ownership of property rights, which will be assigned to the University of Guadalajara to publish the articles in an open-access mode.
México y la Cuenca del Pacífico does not charge the authors any fees for receiving and processing their articles.
Authors are permitted to enter into other independent and additional contractual agreements for the non-exclusive distribution of the article version published in México y la Cuenca del Pacífico (for example, publishing it in an institutional repository or in other printed or electronic media) as long as they clearly state that the piece was originally published in México y la Cuenca del Pacífico.
Pursuant to the above, once the article is approved for publication, authors must send the Assignment of Rights Agreement form duly filled and signed. This form must be sent to mexicoylacuenca@gmail.com as a PDF file.
Readers/users of México y la Cuenca del Pacífico can freely access the journal new issues as soon as they are uploaded. Readers/users are allowed to cite, share (both electronically and physically), print and distribute the material, provided they expressly state that the work was originally published in México y la Cuenca del Pacífico. Contents are to be properly cited and never for commercial purposes.
