Japan, Other Nations Move Ahead Without U.S. In Trade Partnership
Early last year, the Trump administration pulled the U.S. out of the twelve-nation Trans-Pacific Partnership — or TPP — trade deal. It’s part of a pattern of resetting the nation’s approach to international trade.
And this week, Japan announced that the other countries involved in the TPP have officially moved on without the U.S.
They have finalized what’s being called the CPTPP, which is scheduled to be officially signed in March.
So where does that leave the U.S.? With me to talk about that is Mary Lovely, economics professor at Syracuse University and a Visiting Fellow at the Peterson Institute for International Economics.