Trans-Pacific Partnership Trade Deal Is Reached
ATLANTA
— The United States and 11 other Pacific Rim nations on Monday agreed
to the largest regional trade accord in history, a potentially
precedent-setting model for global commerce and worker standards that
would tie together 40 percent of the world’s economy, from Canada and
Chile to Japan and Australia.
— The United States and 11 other Pacific Rim nations on Monday agreed
to the largest regional trade accord in history, a potentially
precedent-setting model for global commerce and worker standards that
would tie together 40 percent of the world’s economy, from Canada and
Chile to Japan and Australia.
The
Trans-Pacific Partnership still faces months of debate in Congress and
will inject a new flash point into both parties’ presidential contests.
ButTrans-Pacific Partnership still faces months of debate in Congress and
will inject a new flash point into both parties’ presidential contests.
the accord — a product of nearly eight years of negotiations, including
five days of round-the-clock sessions here — is a potentially
legacy-making achievement for President Obama, and the capstone for his
foreign policy “pivot” toward closer relations with fast-growing eastern
Asia, after years of American preoccupation with the Middle East and North Africa.
