Andres Oppenheimer
It's no big secret that
According to the
As far as U.S. imports from
"It's very important that
"There is a perception in
While
President
U.S. officials, on the other hand, say the relative decline of U.S. trade with
U.S. investments account for 38 percent of all foreign investments in the region, compared to 29 percent from all 27
Still, the perception that
In a tour of Asian countries, Obama announced a plan to drastically expand the
U.S. officials say the TTP will be open to other Latin American countries. "Our view is that TTP is the best chance to drive a new wave of trade liberalization in the Western Hemisphere, and to re-enforce each of our countries' global competitiveness," one U.S. official told me. Translation: the TTP is the only U.S. regional trade plan right now, and there is no similar proposal being contemplated for
My Opinion: It would be unfair to blame Obama for the relative decline in trade with the region, since the trend started at least a decade before he took office. And claims from critics from both the left and the right that
But there is little question that for the first time in decades, there is no U.S. regional plan to increase trade ties with
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