After the Death of TPP, What Happens Next?

With the election of Donald Trump to the White House, the Obama Administration has finally accepted the inevitable and has announced that it will cease efforts to push the Trans Pacific Partnership (TPP) forward in the waning days of the Lame Duck session. From a U.S. perspective, the TPP is now dead. For the eleven other TPP partners, this announcement is a disappointment, although not an unexpected one given the opposition to the TPP demonstrated by both Trump and Hillary Clinton. Japan has already passed TPP legislation and there is legislation pending in the New Zealand Parliament. In Canada, the Liberal Party, which inherited the TPP from its predecessors, has been conducting hearings on the treaty. However, while opponents received ample airtime, the hearings were really just a way to “rag the puck” until it became clearer what would happen in Washington.

To view the full article, written by Hugh Stephens, Senior Fellow, Asia Pacific Foundation of Canada, please visit here.

#TPP #Trade #Trump

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