The
Trans-Pacific Partnership (TPP) was to play a strategic role in
American diplomacy. Touted by the Obama administration as the economic
lynchpin of US’s ‘pivot to Asia’, it was to act as a counterweight to an
expansionary China. However, under the Trump administration, several of
Obama’s signature achievements have been either trashed or blunted
dramatically—the TPP being one of them.
The
Trump administration kicked off with the US exit from the TPP—a deal
painstakingly negotiated, but little understood. Several serious
political risks were taken by participating countries to forge the
compromises required for the TPP to surface. Negotiations took five long
years, after which the TPP was hailed as the most sophisticated deal to
cement the US alliance with Asia.
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