January 24, 2018

Canada, TPP members agree to revised deal without the U.S.

Canada and the remaining members of the old Trans-Pacific Partnership have breathed new life into a trade deal that will forge ahead without the United States and open distant new markets at a time of uncertainty closer to home. The agreement was struck Tuesday after two days of high-level talks in Tokyo -- exactly one year after U.S. President Donald Trump withdrew his country from the Pacific Rim treaty. The fresh commitment left Japan as the largest player in a new 11-nation pact that spans two hemispheres and includes both U.S. neighbors. Prime Minister Justin Trudeau hailed the revised agreement as the "right deal" and called it a new step on the path to ensuring the benefits of trade are shared by everyone, not just the rich.

                                                    Andy Blatchford, The Canadian Press

Do NOT follow this link or you will be banned from the site!