Re:Leaked: What's in TPP’s intellectual property chapter
by api on Wednesday July 01, 2015 @04:51PM
(#9815058)
A second point would be that China's consumer class is booting up. The US wants to position itself to sell into that, effectively to reverse the trade deficit.
[ Parent
| on HN ]
Re:Leaked: What's in TPP’s intellectual property chapter
by marcosdumay on Wednesday July 01, 2015 @05:50PM
(#9815456)
If the US government stops running those huge deficits, partially financed by foreigners, the US trade deficits will close naturally.
I just don't know why you'd want to do that, and why you'd want to do that now. But run those deficits too far, and you'll be forced to anyway.