Trans-Pacific Partnership

TPP Countries Will Scrutinize Partners’ Exchange Rate Policies

The Trans-Pacific Partnership (TPP) does not include binding disciplines against unfair currency practices. Other countries would not sign on to an agreement that includes sanctions against such practices.

The Trans-Pacific Partnership: What’s New, What’s Not, What’s Next

 

Introduction

Could the TPP Actually Divide Asia?

Trade deals always produce losers as well as winners, so it is no surprise that there is growing concern that the Trans-Pacific Partnership (TPP) agreement will not be ratified by all 12 member countries. But if it does come into force, the seemingly unshakeable assumption is that the TPP will be the foundation for continued U.S. engagement in Asia, and that it will ensure stability in a region increasingly riven by nationalism, territorial disputes, and militarism.

TPP & the Future of NAFTA

 

Conclusion of TPP Negotiations

Now that TPP negotiations have reached a conclusion, we asked Asia expert Shihoko Goto to provide an overview of what was achieved.

What does agreement on the Trans Pacific Partnership (TPP) mean?

On October 4, the 12 trading partners in the Trans Pacific Partnership (TPP) reached agreement after tough negotiations lasting 7 years. [1] The final hurdles on intellectual property protection for pharmaceuticals, market access for dairy products and rules of origin for automobiles were resolved at the recent meeting in Atlanta.  (In 2008, President Bush joined the trade negotiations which had started with 3 nations in 2002). The sense of relief is notable, but TTP must still be approved by the U.S. Congress.

Can Japan Have an Economic Grand Strategy Beyond the TPP?

With the light at the end of the TPP tunnel now in sight, the focus is once again on how exactly the Trans-Pacific Partnership agreement will create winners and losers within each of the 12 member countries, including Japan. But not only is there greater reconciliation about the inevitable changes that the trade pact will bring about, the hopes for what new opportunities the deal could bring are also palpable. Expectations of a new dawn for the Japanese economy are on the rise.

TPP Update: Can President Obama’s Trade Agenda Be Saved?

Wilson Center Public Policy Scholar Kent Hughes responds to the question, “Can TPP be saved?”

The U.S. Rebalance to Asia: The Political and Economic Roles of TPP In the Region

In his latest State of the Union address, President Obama stressed the need for TPP to conclude successfully in order to keep the United States competitive in global markets. But as heated negotiations to conclude the world's most ambitious trade deal continue, there is debate too about what exactly TPP will mean for broader economic stability and relations among Asian nations. Could TPP deepen regional cohesion among Asian nations and enhance political as well as economic stability in the region? Will TPP impact U.S. relations with TPP member countries and non-members, and if so, how?

TPP and the Political Economy of U.S.-Japan Trade Negotiations

Japan may no longer be the economic threat it once was, but tensions with the United States still prevail over trade, most notably in pushing forward with the Trans-Pacific Partnership agreement. While a successful conclusion to the 12-member nation trade pact would reap in great rewards for the global economy, the politics of trade in both Washington and Tokyo present formidable barriers that will likely take several years to overcome.

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