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What is the TPP and can the US get back in?

PRESIDENT Donald Trump recently said he was open to returning to the Trans-Pacific Partnership, but only if he could get a “substantially better” deal than his predecessor. This apparent change of heart, announced via Twitter, caught most observers off guard. The TPP was on track to become the world’s largest free trade zone by joining Pacific Rim countries that collectively produce about 40 percent of global economic output. But Trump railed against the accord on the campaign trail, making it the ultimate bugbear for his brand of economic nationalism. In a widely anticipated move, he withdrew the US from the TPP as one of his first presidential acts. If Trump ever officially changed his tune and tried to rejoin this trade pact, could he? SEE ALSO: Asia-Pacific nations agree in principle to proceed with TPP Like many observers, I believe it would be tough to pull off. The other 11 countries would clearly prefer to have the US in rather than out,...

 

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