Did you ever in your dreams think there would be a day when the largest regional free trade deal would be signed without the US being part of it? That just happened in the middle of the night while the US was sleeping \u2014 which I must say seems fitting, in a figurative sense.We have unfortunately had four years of turning inward\u200a\u2014\u200aisolationism and nationalism. I think a lot of us had second thoughts about the TPP a few years back, but the Regional Comprehensive Economic Partnership (RCEP), it\u2019s successor, is a huge trade deal that we are not a part of. Nor is the EU, nor India.It is very telling that Japan\u200a\u2014\u200adespite its tenuous relationship with China\u200a\u2014\u200ais signed on to the deal, as is Australia, (much to the dismay of Sky News I\u2019m sure). India is also excluded from the deal but the reason they didn\u2019t partake is probably evident.This deal encompasses 30% of global GDP and 2.2 billion people. It is significant. Perhaps the only thing more noteworthy is the fact that the rest of the world is prepared to move forward without the US.I could see this coming, I wrote about this sort of thing in a previous article. The world has gotten tired of the US dollar and our sanction-happy tendencies, which we abuse when we feel the game is not to our advantage.If this is not an historic time, this day when the US is facing getting left behind in global trade, I don\u2019t know what is. There is great excitement about this over in Asia, as one could tell by the flood of tweets in Chinese at 2 AM.Joe Biden will be taking the reins soon, and it\u2019s hard to tell what that will mean, though he\u2019s expected to be a bit more trade friendly.\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Did you ever in your dreams think there would be a day when the largest regional free trade deal would be signed without the US being [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/2802"}],"collection":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/comments?post=2802"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/2802\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/media?parent=2802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/categories?post=2802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/tags?post=2802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}