"The largest free trade area in the world came into existence over the weekend — and the U.S. was not even invited. For the first time in living memory, the hegemon at the center of a major global free trade agreement is not the U.S. China has stepped into Uncle Sam's shoes, and now anchors the Regional Comprehensive Economic Partnership, or RCEP, an area covering 2.2 billion people and 1/3 of all the economic activity on the planet."
"The Obama administration was explicit that the U.S. should be the anchor of a Pacific Rim trade agreement, the TPP, that pointedly excluded China."
"China is negotiating a trade deal that would carve up some of the fastest-growing markets in the world at our expense," wrote then-President Obama in 2016."
"Big new trade pacts are extremely difficult to negotiate. China showed real determination in getting this one done, even as the U.S. demonstrated almost no interest in improving or even maintaining economic relations with the region."
https://www.axios.com/rcep-trade-bl...der-4993564c-ca57-411f-aca4-15250869f762.html
And while China was progressing, Trump has had the US locked in trade wars which has cost the US 300,000 jobs and .3% of the GDP (
https://www.moodysanalytics.com/-/media/article/2019/trade-war-chicken.pdf) while producing next to nothing
Seems the "big deal maker" got played again