US Allies to Sign Sweeping Trade Deal in Challenge to Trump

In its original incarnation as the TPP, the pact was conceived as a counterweight to China, whose vast economy was drawing other Asian countries closer despite its state-driven model and steep trade barriers. Not only would the TPP lower trade barriers, it could also prod Beijing to make changes to enjoy the same benefits.

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President Trump officially withdrawing the United States from the Trans-Pacific Partnership in January 2017.

Credit
Doug Mills/The New York Times

When President Obama was advocating the deal, he said “America should call the shots” instead of China.

Now, the agreement could in some respects act as a defense against the shots America is calling.

The United States has “gone from being

Article source: https://www.nytimes.com/2018/03/08/world/asia/us-trump-tpp-signed.html

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