21 Nov What the Trump Presidency Could Mean for Sneaker Prices (NKE)
If President-elect Donald Trump has made anything clear about what he plans to do once he takes office, it’s that he wants to make some changes to trade.
More specifically, he’s in opposition to the Trans-Pacific Partnership, a trade agreement among 12 Pacific Rim countries designed to facilitate the movement of goods among them.
The TPP has been a hotly contested trade issue for years, championed by President Barack Obama as an agreement to increase wealth in the US by opening up Asian markets to American goods. Critics say it would endanger American workers by tempting companies to outsource their factories to Asia.