Thomson ReutersPresident Donald Trump spiked U.S. participation in the Trans-Pacific Partnership — a massive free trade pact five years in the making among countries representing 40 percent of the world’s economy — during his first days in office. But now Japan wants to bring the trade pact back from the dead, even if it means leaving Washington behind. Japanese trade officials told the Financial Times over the weekend that Tokyo is ready to carry TPP forward in essentially the same form it was in when Trump killed it. “We will start talks on an eleven-member TPP, minus the US, at the [Asia-Pacific Economic Cooperation] meeting in May,” Japanese Finance Minister Taro Aso said at a recent event in New York. The move signals that, even as the United States is in full retreat from free trade, many other countries are pressing ahead, even without U.S.
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Mon, 04/24/2017 - 6:42pm
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