"American workers watch like everyone else, wondering, will a Trump administration spark trade wars? Will the U.S. break off agreements and stand on the outside while China instead deals with the world?
Maybe workers will get a stronger, more intimidating America, said Raj Bhala, a University of Kansas School of Law professor in international trade.
But maybe, he warns, they’ll see a dangerously isolating America as well.
"The dozen nations in the proposed Trans-Pacific Partnership (TPP) trade group took seven years to hammer out a deal. President-elect Donald Trump promises to take just one day to scrap it. His fiery anti-TPP, anti-Nafta, and anti-Chinese exports rhetoric creates opportunities for rival powers to promote their own trade agenda, says Hussain Rammal, senior lecturer at the University of Technology Sydney Business School. When it comes to global trade, he says, 'there is a leadership vacuum.'
"President-elect Donald Trump's reiteration Monday of plans to withdraw from the Trans-Pacific Partnership (TPP) has some international trade scholars wondering if the agreement – and its included human rights protections – will be able to survive without US participation.
"When the United States and 11 other nations recently agreed to the Trans-Pacific Partnership, they set in motion history’s largest free trade agreement. A University of Kansas professor of law and international trade law expert has authored a comprehensive, objective look at the TPP, giving it a passing grade while detailing what it got right, where it could improve and why it’s important to millions of people around the world.
"President Trump is not a cautious pragmatist. He is an impulsive eclectic. Indians could hope for quick, radical change in America’s visa policies, thanks to his business sense of the need to plug gaps in the labor supply to Silicon Valley. Or, they could decry his failure to differentiate them from all other prospective immigrants. Who knows? What is clear is that on three of four topics of vital importance to the Sub-Continent, Trumpian greatness for America will run counter to India’s best interests."
"The crumbling British pound against the U.S. dollar portends that this summer’s public vote for Britain to secede from the European Union was a flawed idea for Britain’s economic health.
Presidential candidate Donald Trump, in particular, has campaigned on the platform that global trade has caused American job losses. And both Trump and Hillary Clinton have focused on the proposed Trans Pacific Partnership trade agreement as the bucket into which U.S. workers’ anger is deposited.
"Regrettably, neither U.S. Presidential candidates has paid much attention to India, but because both have taken anti-free trade positions, it is unlikely either of them as President would reach out to India with free trade agreements. Aside from spotty efforts to court funds and votes from Indian-Americans, both Republican nominee Donald Trump and his Democratic opponent, Hillary Clinton, have regressed to the Cold War era with respect to India.
"Congress voted to override a veto by President Barack Obama for the first time on Wednesday. The legislation would allow families with members killed on 9-11 to sue Saudi Arabia for its role in the attacks.
'It’s quite dramatic just in that sense alone, not to mention the nature of the legislation and the position of Saudi Arabia,' said University of Kansas associate dean for international and comparative law Raj Bhala."
"With families of Sept. 11 victims now able to pursue legal claims against the Saudis, the fight over responsibility for the terrorist attacks 15 years ago is likely to shift to a courtroom in Lower Manhattan, not far from where the World Trade Center once stood.
'Although there is loose talk of 10 billion dollars’ worth of judgments against Saudi Arabia, in fact the deck remains stacked against the plaintiffs,' said Raj Bhala, a professor of international and comparative law at the University of Kansas Law School."