Do you believe that the private sector in international trade has any responsibility other than maximizing profit, such as protecting jobs? And do you believe that not entering this trade deal has left to door open for China to catch up to the US a potentially new global hegemon?
The private sector in international trade has more to do with the international market as there is a trade war is going in between china and the USA in general. The other countries also got the impact of the trade restrictions in several ways. whether any private co. have extended their operations to international boundaries or not, but the exposures to the risk are always present in the global market.
Although the co. is global or domestic, but the impact will be in the for the entire organisations will be present always.
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