India should Consider Joining the Trans-Pacific Partnership

Indian membership in the TPP would be a next logical step because it would give India access to all the economies in the Partnership. That includes one of the world’s top 10 oil producers – Canada.

It would also provide India access to some of the world’s largest producers of vital minerals. TPP member Chile is one of the world’s largest producers of copper, while Australia is a major source of both iron ore and coal.

The United States is the world’s second largest oil producer and a major source of coal, as well as the world’s premier creator of cutting-edge technologies. TPP membership might give India access to those markets as well.

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Trump Trade Policy is Shortchanging America

There is only one country that will benefit from the Trump trade policy, the People’s Republic of China.

If the US gets shut out of markets by the TPP it will be more dependent on Chinese trade than ever before. A nightmare scenario is that Uncle Sam will have to go begging to Beijing for trade deals to save American jobs. The Chinese will be in a position to force the US to accept low-ball prices for American oil, and other resources. Worse, America will have no leverage to negotiate a better trade deal with the People’s Republic.

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