Trans-Pacific Partnership
2016 proposed trade agreement
Trans-Pacific Partnership
The Trans-Pacific Partnership (TPP), or Trans-Pacific Partnership Agreement (TPPA), was a proposed trade agreement between 12 Pacific Rim countries: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam and the United States. In the US, the proposal was signed on February 4, 2016 but not ratified as a result of significant domestic political opposition; both Hillary Clinton and Donald Trump opposed the agreement during their 2016 presidential campaigns; however, Hillary Clinton was originally in support. After taking office, President Trump formally withdrew the United States from the TPP in January 2017, ensuring it could not be ratified as required and did not enter into force. The remaining countries negotiated a new trade agreement called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which incorporated most of the provisions of its predecessor and entered into force on 30 December 2018. The TPP began as...
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