The Fraught Politics of the TPP
If ratified and implemented, the just-agreed Trans-Pacific Partnership will have a monumental impact on trade and capital flows along the Pacific Rim, with massive benefits for all 12 countries involved. Unfortunately, the highly charged politics of trade has left the TPP's future uncertain.
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TOKYO – This month, 12 countries on both sides of the Pacific finalized the historic Trans-Pacific Partnership trade agreement. The scope of the TPP is vast. If ratified and implemented, it will have a monumental impact on trade and capital flows along the Pacific Rim. Indeed, it will contribute to the ongoing transformation of the international order. Unfortunately, whether this will happen remains uncertain.