Monday, July 6, 2020

US Exit from Trans-Pacific Partnership Represents Lost Opportunity for Asia

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On 23 January 2017, President Donald Trump took an executive action to formally withdraw the US (Aaa stable) from the Trans-Pacific Partnership (TPP) trade pact. Since the US held effective veto power over the agreement due to the size of its economy, its decision means the deal cannot go ahead in its current form. This…

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