Trans-Pacific Partnership

TPP isn't dead — outside of the U.S.

TPP isn't dead — outside of the U.S.

At a weekend economic summit in Peru, leaders of Pacific Rim nations in Asia and the Americas made clear their support for the Trans-Pacific Partnership — with or without the United States. But some also said they may throw in with a competing approach to free trade: the Regional Comprehensive Economic Partnership, a trading bloc being assembled by the People’s Republic of China. Their statements underscore the geopolitical risks that the United States will take if it does not embrace the deal it helped negotiate with 11 other Pacific nations.

The TPP was always going to be a tough sell in Congress, as a growing number of Republicans have joined most Democrats in...

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