With Beijing signalling its interest in joining, the Trans-Pacific Partnership may offer Canberra an opportunity to end the trade dispute that is damaging both countries.
Boasting the world’s biggest and strongest economy, the U.S. has enormous leverage when it sits down with a partner to negotiate a trade deal. Threats and tariffs are not really helping.
So far, he has not given any hints that his team is hatching a parallel set of economic policies that will benefit all Americans, let alone the world economy.