Adjunct Professor Matthew A. Gold was quoted in Cosmopolitan about President-elect Trump’s trade policies.
“The job we gained is a better job — most people would rather work in human resources for an insurance company than in a factory,” he told Cosmopolitan.com. “You’ve got better compensation, better benefits, and better working conditions. The problem is, the steel worker is still sitting in Pennsylvania unemployed. He’s angry, and he voted for Donald Trump.”
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Matt Gold, the former deputy assistant U.S. trade representative for North America, argues that trade deals “have to happen in secret” because it would be too difficult to finish the negotiations otherwise. “In an ideal world, it should be public while it’s negotiated, “he said. “But it is so unbelievably hard to get agreement from 12 different countries on really complex rules that if you did it publicly, you’d go from 12 opinions to 12,000 opinions and you’d simply never be able to conclude the agreement.”
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Matt Gold suggests that China would have joined the TPP after more nations in the Asia-Pacific region signed on. China would have effectively had no choice but to join the partnership in order to remain competitive, and the U.S. would have the upper hand. “That would have been good for us because China would have been forced to change a lot of things [such as intellectual property rights, environmental standards, and labor standards]that we have wanted them to change for a long time,” Gold said.
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China has been negotiating its own multilateral trade deals, like the Regional Comprehensive Economic Partnership (RCEP), which leaves the U.S. out, and now that the TPP is no longer viable, “China is thrilled,” Gold said.
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China has been negotiating its own multilateral trade deals, like the Regional Comprehensive Economic Partnership (RCEP), which leaves the U.S. out, and now that the TPP is no longer viable, “China is thrilled,” Gold said.
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Trump could technically withdraw from NAFTA, but that doesn’t effectively change anything, according to Gold.
