NPR

The TPP Is Dead. Long Live The Trans-Pacific Trade Deal

The U.S. pulled out of the Trans-Pacific Partnership last year. But the remaining 11 signatories carried on, cobbling together a pact under a new name they're signing Thursday. Here's how it happened.
Shoppers explore the goods on display in Ha Giang, Vietnam. The country's textile industry was expected to be one of the biggest winners from the Trans-Pacific Partnership, which would have provided tariff-free access to U.S. markets. Under the new agreement, the industry is still expected to gain — if not nearly as much.

When President Trump pulled the U.S. from the Trans-Pacific Partnership, spurning the massive free trade agreement in one of his first acts in the Oval Office, most analysts figured the deal was dead.

After years of strenuous talks, eager anticipation from some and vitriolic opposition from others, it appeared the lightning-rod partnership stood no chance of surviving without the support of its biggest partner.

Those analysts were quite right — and, as it turns out, quite wrong at the same time.

Trade ministers from the remaining 11 signatories to the agreement have descended on Santiago, Chile, where they are inking a deal

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