Trade Talks Episode 12: How to Save a (Pacific) Trade Deal
PIIE Senior Fellow Chad P. Bown and Soumaya Keynes of The Economist examine the new Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). They discuss how 11 persistent countries pulled the original TPP deal from President Trump's dustbin and pushed toward agreement by suspending certain important elements. They also speak with PIIE Senior Fellow Jeffrey J. Schott about the motivation behind the agreement for countries like Japan, Australia, Malaysia, Vietnam, Mexico, and Canada and what the United States stands to lose economically from the president's choice to pull out of the Pacific deal.
Chad P. Bown (PIIE) and Soumaya Keynes (The Economist)