Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Advertisement

Asia-Pacific trade agreement signed

Asia-Pacific trade agreement signed
Copyright 
By Euronews
Published on
Share this article Comments
Share this article Close Button
Copy/paste the article video embed link below: Copy to clipboard Copied

Japan, Canada and nine other countries sign a landmark Asia-Pacific trade agreement without the United States.

As US President Donald Trump pushes ahead with tariffs on steel and aluminium imports, around 8000km away in Chile a landmark Asia-Pacific free trade deal has been signed by eleven nations, including Japan and Canada, but not the United States.

The deal aims to streamline trade and slash tariffs – a powerful signal against protectionism and trade wars, Chile's minister of foreign affairs said.

An original 12-member agreement, known as the Trans-Pacific Partnership (TPP), was thrown into limbo early last year when President Trump withdrew from it three days after his inauguration.

Even without the United States, the deal will span a market of nearly 500 million people, making it one of the world's largest trade agreements.

Go to accessibility shortcuts
Share this article Comments

Read more

Germany secures wages of 12,000 local US Army employees amid budget crisis in Washington

US expands crackdown on narco boats with deadly strike off Colombian coast

Giant pumpkin regatta makes a splash in Oregon