Kerry says TPP rejection would hurt US national security

Image
AP Washington
Last Updated : Sep 28 2016 | 11:42 PM IST
Secretary of State John Kerry urged Congress today to adopt a landmark 12-nation Asia-Pacific trade deal, arguing that rejection would badly damage US credibility and national security.
Kerry said failure to pass the Trans Pacific Partnership would not only hurt American business but embolden rivals and enemies like China and North Korea as well as cast doubt among US allies in the region over American resolve.
Kerry said rejection would amount to "a unilateral ceding of American influence and power and will have grave consequences," notably in the Asia Pacific.
"Either the United States of America is an Asia-Pacific power or we are not and the 'not' carries with it serious consequences," he said.
He said China and North Korea would see rejection of the deal as a sign of US weakness. Beijing would see it as an invitation to continue aggressive activities in the South China Sea, and Pyongyang would be less likely to halt provocative nuclear and missile rests.
"The TPP will reinforce our status as a world leader," Kerry said. "We can't sit on the sidelines and expect to send a credible message to partners or potential partners. They would be affected by us turning our back on an agreement."
The agreement would lower or eliminate thousands of tariffs and enshrine quality and worker rights standards among its signatories.
However, both presidential candidates are opposed to the TPP, although Democrat Hillary Clinton helped negotiate it while she was secretary of state, and prospects for congressional passage appear dim.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 28 2016 | 11:42 PM IST

Next Story