Trans-Pacific Partnership | Wilson Center

Trans-Pacific Partnership

Death of a Bromance?

As Japanese Prime Minister Shinzo Abe prepares to visit Washington later this month, it’s clear that his upcoming meeting with President Trump won’t be an easy one, to say the least. At his previous meetings with the U.S. president, issues of potential conflict were averted to concentrate instead on the positive relationship. This time around, though, conflict will be inevitable since there will be a number of must-gets by Abe in order for the talks to be deemed as a success.

Pacific Nations Leave the U.S. in the Rear-View Mirror on Trade

The contrast could not be greater: the president of the United States signs an order to impose new tariffs on steel and aluminum, which threatens partners and allies, on the same day that the 11 remaining partners of the Trans-Pacific Partnership (TPP) sign an agreement to expand trade and establish improved rules governing trade.

The Future of Global Trade under CPTPP

On his first day in office, President Donald Trump formally withdrew the United States from the Trans-Pacific Partnership agreement that had been championed by his predecessor.  Just over one year later, the leaders of the eleven countries left behind by this decision gathered in Santiago, Chile to commit to a partnership of their own dubbed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) or TPP 11.

TPP, Revised and Reborn

Where does the United States now stand on TPP with the signing by eleven nations of the revised Comprehensive and Progressive Agreement for Trans-Pacific Partnership? Shihoko Goto, Senior Northeast Asia Associate with the Wilson Center’s Asia Program, provides analysis in this edition of Wilson Center NOW.

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Infographic | The Comprehensive and Progressive Agreement for Trans-Pacific Partnership

U.S. Trade Policy in Northeast Asia

Economic openness and globalization are seen to hurt U.S. jobs and industrial competitiveness, according to the ideas supporting the White House’s “America First” policy.

The Comprehensive and Progressive Trans-Pacific Partnership: Implications for Global Trade

On March 8, representatives of eleven countries will meet in Chile to sign the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), creating a massive free trade bloc connecting 500 million people and economies with a combined GDP of over $10 trillion. Signatories include Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.

The current agreement includes several major economies that will have a profound influence on the future of global trade and investment. The United States withdrew from negotiations in January 2017.

In Trade, Getting to Yes is Not a Surrender

In his State of the Union address last month, President Trump declared that “the era of economic surrender is over.” That combative stance seemed an ominous beginning to outlining a protectionist U.S. trade stance. Surprisingly, though, he didn't mention any specific trade agreement by name, nor did he suggest ripping up existing ones. That’s still cold comfort at a time when anxieties about major disruptions in international trading patterns being one of the biggest risks to disrupt growth remain strong.

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