USEUROPEAFRICAASIA 中文双语Français
Home / World

Pacific Rim nations fight to save TPP

China Daily | Updated: 2017-05-22 08:02

HANOI - Asia-Pacific trade ministers agreed on Sunday to try to revive a massive free trade pact, even though the United States reaffirmed its decision to pull out, as fears grow of a new global era of protectionism.

The 12-nation Trans-Pacific Partnership covered 40 percent of the global economy before Trump abruptly abandoned it in January to meet a campaign pledge to save American jobs, which he says have been sucked up overseas.

Japan, Australia and New Zealand are leading efforts by the so-called TPP 11 to resuscitate the agreement, convinced it will lock in future free trade and strengthen labor rights and environmental protections.

Pacific Rim nations fight to save TPP

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US