Asia-Pacific trade deal is a big win for China and a blow for US. America First has in fact put America Last on the world stage | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

Asia-Pacific trade deal is a big win for China and a blow for US. America First has in fact put America Last on the world stage

The repercussions of the new RCEP free-trade agreement between China and 14 other countries are huge. It creates a massive trading bloc in Asia that America, though its insular policies, will play no part in.

This weekend, 15 Asia-Pacific nations came together to sign the Regional Comprehensive Economic Partnership (RCEP), a mammoth free-trade agreement that has been described as one of the largest in history.

It includes China, Japan, South Korea and members of the Association of Southeast Asian Nations (ASEAN), as well as Australia and New Zealand. The deal solidifies a tariff-free bloc spanning 30 percent of the world’s GDP and 2.6 billion people.

Not surprisingly, its geopolitical ramifications are huge. The mainstream media have been quick to bill it a huge win for Beijing, with China its dominant economy, and at the same time, a loss for the United States. By previously leaving the Trans-Pacific Partnership (TPP), the US now sits on the outside of all major trading agreements within Asia.

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