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CAN WE PULLTHE PLUG ONTHE
TRANS-PACIFIC PARTNERSHIP?
JOINTHE CONVERSATION
ONTWITTER
@XENETA_AS
ABOUT
XENETA
At Xeneta we believe there is an untapped potential
for everyone in the industry, to systematically learn
from our individual and collective efforts. We hold
true that "if you cannot measure it, you cannot
improve it". That’s why we think actionable metrics
is the key to continuously evolve for every business,
and ultimately the entire industry. Rethinking global
logistics is the vision of Xeneta.
With international experience from the logistics
industry, we have first-hand knowledge of the
challenges related to high volatility and lack of
transparency in the ocean freight market. By
combining logistics background and information
technology expertise, we found the solution to these
challenges.
WE ARE
TRANSFORMING
GLOBAL
LOGISTICS
ARE YOU PAYING THE
RIGHT CONTAINER
FREIGHT RATES?
DISCOVER SAVINGS
POTENTIAL IN REAL
TIME.
CONTACT US.
THETPP IS A HOTTOPIC WITH
VARYING OPINIONS INTHE
U.S.WHILE IT’S NOT
UNCOMMON FOR
CONGRESSTO GET A BIT
WISHY-WASHY WHEN IT
COMESTO GLOBAL POLICIES,
THETPP, IN PARTICULAR, HAS
PROVENTO BE A
CONSIDERABLETHORN IN
THE SIDE.
WHILE DESIGNED WITH THE IDEA OF BALANCING GLOBAL
TRADE AND WRANGLING CHINA INTO THE WORLD TRADE
ORGANIZATION, IT’S NOT WITHOUT SOME CONSIDERABLE
FLAWS.
ACCORDING TO NICK FLORKO AT CITIZEN’S GLOBAL TRADE
WATCH, MORE THAN 57,000 U.S. MANUFACTURING
FACILITIES HAVE CLOSED AND FIVE MILLION U.S.
MANUFACTURING JOBS –ONE IN FOUR– WERE LOST.
HE T.P.P. HAS LEFT QUITE A NUMBER OF AMERICANS WITH A
SOUR TASTE IN THEIR MOUTH. MUCH LIKE THE INDUCTION
OF NAFTA, WHICH WAS AIMED TO STABILIZE MEXICO’S
ECONOMY, THE T.P.P. POSES A CONSIDERABLE THREAT TO A
NUMBER OF JOBS IN THE UNITED STATES.
GRIPPINGTOPIC FOR U.S
PRESIDENTIAL ELECTION
IT'S MY JOB AS A UNITED STATES SENATOR FROM
PENNSYLVANIA TO FIGHT FOR PENNSYLVANIA JOBS.
IN THE DECADE AFTER NAFTA WAS PASSED, 525,094
WORKERS WERE CERTIFIED AS DISPLACED, AND A
2014 STUDY FOUND THAT JOB DISPLACEMENT DUE
TO TRADE LED TO REAL WAGE LOSSES OF 12-17%
1984 THROUGH 2002. THOUSANDS OF
PENNSYLVANIA JOBS HAVE BEEN SHIPPED
OVERSEAS BECAUSE OF UNFAIR TRADE PRACTICES
AND OUTSOURCING.
- Pennsylvania Senator, Robert Casey
THE MATTER OF THE
TPP HAS ALSO BEEN
SOMETHING OF A
HOT BUTTON TOPIC
FOR THE U.S.
PRESIDENTIAL RACE.
WHILE TRUMP HAS
OUTRIGHT
TROUNCED THE
PLAN. HOPEFUL,
CLINTON, HAS
CHANGED STANCE
ON THE AGREEMENT
FROM THE PAST, NO
LONGER BELIEVING
IT TO BE IN THE BEST
INTEREST OF THE
AMERICAN PEOPLE.
OCEAN FREIGHT GIANT
MAERSK ASSUMESTHAT NO
MATTER HOWTHE U.S.
PRESIDENTIAL ELECTION
ENDS, IT PROBABLY “WON’T
HAVE AN EFFECT ONTHE
CONTRACTS WE HAVE AND
THE EMPLOYMENT
EXPOSURE WE HAVE INTHE
U.S
NOTURNING BACK NOW
WITH ALL THE FEET
STAMPING AND
SENSE OF
IMPENDING DOOM
WITH THE TPP
LURKING ON THE
HORIZON, THE
QUESTION IS, WHY
NOT JUST PULL THE
PLUG?
FOR STRATEGIC REASONS ALONE, WALKING AWAY
MAY BE A BAD IDEA. CHINA MAY NOT BE IN THE
PACIFIC TRADE DEAL, BUT THE DEAL, TO A LARGE
EXTENT, IS ABOUT CHINA. IF ALLOWING IT INTO THE
W.T.O. WAS ABOUT BRINGING IT INTO THE
RULES-BASED SYSTEM, THE PACIFIC TRADE DEAL
ESTABLISHES A RING OF RULES AROUND IT. IT IS A
GUARANTEE TO CHINA’S NERVOUS NEIGHBORS OF
WASHINGTON’S COMMITMENT TO THE REGION AND
AN EFFORT TO SET STANDARDS FOR ASIA’S
ECONOMIC INTEGRATION
- Eduardo Porter, Economic journalists for the NYT
AND TRUE ENOUGH. CHINA HAS RISEN TO BECOME AN
INDUSTRIAL GIANT IN THE GLOBAL MARKETS, BUT TO DATE
HAS MANAGED TO PLAY BY IT’S OWN SET OF RULES.
“IF THE IDEA OF RETRENCHMENT WERE TO TAKE HOLD AND
THE T.P.P.. WERE TO STOP, IT WOULD BE A BLOW TO U.S.
INFLUENCE AND CREDIBILITY MORE BROADLY,” SAID ESWAR
PRASAD, A PROFESSOR OF TRADE POLICY AT CORNELL.
WHILE THEY AREN’T ACTIVELY A PART OF THE T.P.P. WHICH
WOULD HELP TO REGULATE AND LEVEL THE PLAYING FIELD,
THE T.P.P. HELPS TO CREATE MORE EQUAL FOOTING FOR
OTHER ASIAN MANUFACTURERS.
OTHER PARTNERSHIPS LURKING
INTHE BACKGROUND
“CHINA IS ENGAGED IN NEGOTIATIONS FOR ANOTHER
AGREEMENT THAT DOES NOT INCLUDE THE UNITED STATES
– THE REGIONAL COMPREHENSIVE ECONOMIC
PARTNERSHIP. ITS MEMBERS ARE THE ASEAN NATIONS,
AUSTRALIA, NEW ZEALAND, CHINA, JAPAN, KOREA AND
INDIA.
THE UNITED STATES WILL HAVE TO PROCEED CAREFULLY IF
THEY WANT TO AVOID HAVING EGG ON THEIR FACE. AS TO
WHETHER OR NOT THE ORDEAL IS WORTH IT, ONLY TIME
WILL TELL.
SEVEN COUNTRIES HAVE OVERLAPPING MEMBERSHIP.
NEGOTIATIONS FOR THE REGIONAL COMPREHENSIVE
ECONOMIC PARTNERSHIP HAVE BEEN SLOW.
LEARN HOW XENETA CAN HELP
YOU GET INSIGHT AND
INTELLIGENCE INTOYOUR
GLOBAL OCEAN FREIGHT PRICES
AND CHANGEYOUR LOGISTICS
BUSINESS:
REQUEST
DEMO NOW

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Can We Pull the Plug on the Trans-Pacific Partnership?

  • 1. CAN WE PULLTHE PLUG ONTHE TRANS-PACIFIC PARTNERSHIP?
  • 3. ABOUT XENETA At Xeneta we believe there is an untapped potential for everyone in the industry, to systematically learn from our individual and collective efforts. We hold true that "if you cannot measure it, you cannot improve it". That’s why we think actionable metrics is the key to continuously evolve for every business, and ultimately the entire industry. Rethinking global logistics is the vision of Xeneta. With international experience from the logistics industry, we have first-hand knowledge of the challenges related to high volatility and lack of transparency in the ocean freight market. By combining logistics background and information technology expertise, we found the solution to these challenges. WE ARE TRANSFORMING GLOBAL LOGISTICS
  • 4. ARE YOU PAYING THE RIGHT CONTAINER FREIGHT RATES? DISCOVER SAVINGS POTENTIAL IN REAL TIME. CONTACT US.
  • 5. THETPP IS A HOTTOPIC WITH VARYING OPINIONS INTHE U.S.WHILE IT’S NOT UNCOMMON FOR CONGRESSTO GET A BIT WISHY-WASHY WHEN IT COMESTO GLOBAL POLICIES, THETPP, IN PARTICULAR, HAS PROVENTO BE A CONSIDERABLETHORN IN THE SIDE.
  • 6. WHILE DESIGNED WITH THE IDEA OF BALANCING GLOBAL TRADE AND WRANGLING CHINA INTO THE WORLD TRADE ORGANIZATION, IT’S NOT WITHOUT SOME CONSIDERABLE FLAWS. ACCORDING TO NICK FLORKO AT CITIZEN’S GLOBAL TRADE WATCH, MORE THAN 57,000 U.S. MANUFACTURING FACILITIES HAVE CLOSED AND FIVE MILLION U.S. MANUFACTURING JOBS –ONE IN FOUR– WERE LOST. HE T.P.P. HAS LEFT QUITE A NUMBER OF AMERICANS WITH A SOUR TASTE IN THEIR MOUTH. MUCH LIKE THE INDUCTION OF NAFTA, WHICH WAS AIMED TO STABILIZE MEXICO’S ECONOMY, THE T.P.P. POSES A CONSIDERABLE THREAT TO A NUMBER OF JOBS IN THE UNITED STATES.
  • 8. IT'S MY JOB AS A UNITED STATES SENATOR FROM PENNSYLVANIA TO FIGHT FOR PENNSYLVANIA JOBS. IN THE DECADE AFTER NAFTA WAS PASSED, 525,094 WORKERS WERE CERTIFIED AS DISPLACED, AND A 2014 STUDY FOUND THAT JOB DISPLACEMENT DUE TO TRADE LED TO REAL WAGE LOSSES OF 12-17% 1984 THROUGH 2002. THOUSANDS OF PENNSYLVANIA JOBS HAVE BEEN SHIPPED OVERSEAS BECAUSE OF UNFAIR TRADE PRACTICES AND OUTSOURCING. - Pennsylvania Senator, Robert Casey
  • 9. THE MATTER OF THE TPP HAS ALSO BEEN SOMETHING OF A HOT BUTTON TOPIC FOR THE U.S. PRESIDENTIAL RACE. WHILE TRUMP HAS OUTRIGHT TROUNCED THE PLAN. HOPEFUL, CLINTON, HAS CHANGED STANCE ON THE AGREEMENT FROM THE PAST, NO LONGER BELIEVING IT TO BE IN THE BEST INTEREST OF THE AMERICAN PEOPLE.
  • 10. OCEAN FREIGHT GIANT MAERSK ASSUMESTHAT NO MATTER HOWTHE U.S. PRESIDENTIAL ELECTION ENDS, IT PROBABLY “WON’T HAVE AN EFFECT ONTHE CONTRACTS WE HAVE AND THE EMPLOYMENT EXPOSURE WE HAVE INTHE U.S
  • 12. WITH ALL THE FEET STAMPING AND SENSE OF IMPENDING DOOM WITH THE TPP LURKING ON THE HORIZON, THE QUESTION IS, WHY NOT JUST PULL THE PLUG?
  • 13. FOR STRATEGIC REASONS ALONE, WALKING AWAY MAY BE A BAD IDEA. CHINA MAY NOT BE IN THE PACIFIC TRADE DEAL, BUT THE DEAL, TO A LARGE EXTENT, IS ABOUT CHINA. IF ALLOWING IT INTO THE W.T.O. WAS ABOUT BRINGING IT INTO THE RULES-BASED SYSTEM, THE PACIFIC TRADE DEAL ESTABLISHES A RING OF RULES AROUND IT. IT IS A GUARANTEE TO CHINA’S NERVOUS NEIGHBORS OF WASHINGTON’S COMMITMENT TO THE REGION AND AN EFFORT TO SET STANDARDS FOR ASIA’S ECONOMIC INTEGRATION - Eduardo Porter, Economic journalists for the NYT
  • 14. AND TRUE ENOUGH. CHINA HAS RISEN TO BECOME AN INDUSTRIAL GIANT IN THE GLOBAL MARKETS, BUT TO DATE HAS MANAGED TO PLAY BY IT’S OWN SET OF RULES. “IF THE IDEA OF RETRENCHMENT WERE TO TAKE HOLD AND THE T.P.P.. WERE TO STOP, IT WOULD BE A BLOW TO U.S. INFLUENCE AND CREDIBILITY MORE BROADLY,” SAID ESWAR PRASAD, A PROFESSOR OF TRADE POLICY AT CORNELL. WHILE THEY AREN’T ACTIVELY A PART OF THE T.P.P. WHICH WOULD HELP TO REGULATE AND LEVEL THE PLAYING FIELD, THE T.P.P. HELPS TO CREATE MORE EQUAL FOOTING FOR OTHER ASIAN MANUFACTURERS.
  • 16. “CHINA IS ENGAGED IN NEGOTIATIONS FOR ANOTHER AGREEMENT THAT DOES NOT INCLUDE THE UNITED STATES – THE REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP. ITS MEMBERS ARE THE ASEAN NATIONS, AUSTRALIA, NEW ZEALAND, CHINA, JAPAN, KOREA AND INDIA. THE UNITED STATES WILL HAVE TO PROCEED CAREFULLY IF THEY WANT TO AVOID HAVING EGG ON THEIR FACE. AS TO WHETHER OR NOT THE ORDEAL IS WORTH IT, ONLY TIME WILL TELL. SEVEN COUNTRIES HAVE OVERLAPPING MEMBERSHIP. NEGOTIATIONS FOR THE REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP HAVE BEEN SLOW.
  • 17. LEARN HOW XENETA CAN HELP YOU GET INSIGHT AND INTELLIGENCE INTOYOUR GLOBAL OCEAN FREIGHT PRICES AND CHANGEYOUR LOGISTICS BUSINESS: REQUEST DEMO NOW