Agreement Quote by Joseph Stiglitz
“For Obama, the Trans-Pacific Partnership agreement - unilaterally abrogated by Trump - was part of the 'pivot to Asia,' a re-assertion of the role of America in that part of the world.”
About This Quote
Source Speech: Economic Forum, 2016
He critiques the Trump administration’s unilateral withdrawal from the TPP, viewing it as a shift away from America’s strategic engagement in Asia.
In simple terms: Trump’s TPP exit reduces US influence in Asia.
Key Takeaway
Recognize geopolitical impacts of trade decisions.
Themes
trade
geopolitics
policy
America
Asia
Mood
analytical
critical
Type
political
economic
When to use this quote
- policy analysis
- diplomacy
- business strategy
- regional stability
Key Concepts
international relations
economic strategy
Questions to Reflect On
- How does trade policy affect regional power balances?
- What alternatives exist for US engagement in Asia?
A Different Perspective
Critics argue protectionism may hurt global trade.
![“I do have a concern that if we just say no Trans-Pacific Partnership, we're done, we're ignoring the region, and then, yes, I think we're creating a void for China, but that is not what the president [Donald Trump] is saying.” quote by Paul Ryan](https://sms4smile.com/quotes/img-quotes/5fc/paul-ryan-869_china_i-do-have-a-concern-that-if-we-just-say_390733.jpg)
![“You know that if you [Hillary Clinton] did win, you would approve that [Trans-Pacific Partnership], and that will be almost as bad as NAFTA. Nothing will ever top NAFTA.” quote by Donald Trump](https://sms4smile.com/quotes/img-quotes/af4/donald-trump-18_clinton_you-know-that-if-you-hillary-clinton-did_1473238.jpg)
![“Going on and getting good bilateral agreement is a better way [than Trans-Pacific Partnership agreements], and I'm fine with that strategy. I think that strategy can work as well.” quote by Paul Ryan](https://sms4smile.com/quotes/img-quotes/4dc/paul-ryan-869_agreement_going-on-and-getting-good-bilateral-agre_1402349.jpg)
![“The facts are - I did say I hoped it [Trans-Pacific Partnership] would be a good deal, but when it was negotiated which I was not responsible for, I concluded it wasn't. I wrote about that in my book.” quote by Hillary Clinton](https://sms4smile.com/quotes/img-quotes/5ba/hillary-clinton-51_book_the-facts-are-i-did-say-i-hoped-it-trans_1380757.jpg)
![“More broadly, Prime Minister Lee [Hsien Loong] and I will work to advance the US-Singapore partnership across the board. We're committed to sustaining the dynamism of our economies with the Trans-Pacific Partnership - the highest-standard trade agreement ever - which will support trade and…” quote by Barack Obama](https://sms4smile.com/quotes/img-quotes/37b/barack-obama-17_agreement_more-broadly-prime-minister-lee-hsien-lo_1490777.jpg)
![“World War II was really unusual, because America was in the Great Depression before. So the war did help the US economy to get securely out of this decline. This time, the war [in Iraq] is bad for the economy in both the short and long run. We could have spent trillions in research or education…” quote by Joseph Stiglitz](https://sms4smile.com/quotes/img-quotes/860/joseph-stiglitz-1351_america_world-war-ii-was-really-unusual-because_156000.jpg)
