Thursday, November 24, 2016

U.S. Withdrawing From Trans-Pacific Partnership Means China Can Fill The Vacuum

China is redefining the free trade in Asia Pacific

During his campaign, President-elect Donald Trump embraced a protectionist stance on trade issues and called the US-led Trans-Pacific Partnership (TPP) a “disaster.” More recently, he has pledged that the US will quit the TPP on his first day in the White House. Last weekend, the members of Asia-Pacific Economic Cooperation (APEC) summit, which accounts for almost…