True to his promise, President Donald Trump withdrew the US from the Trans Pacific Partnership within 72 hours of assuming office. His decision has many implications for trade and geostrategic issues in the Asia Pacific, and remaining members are planning to meet and discuss their options.
The TPP is an ambitious regional trade agreement comprising 12 countries – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Singapore, Peru, Vietnam and the United States – accounts for around 40% of world GDP.
Negotiations concluded in October 2015, and the deal was