Junking the TPP: Will it help or hurt India?

Whether Regional Cooperation and Economic Partnership will lead to similar gains is questionable

Donald Trump’s isolationist “Make in America” fire has targeted trade agreements such as the Trans-Pacific Partnership (TPP) and the North American Free Trade Agreement (Nafta). TPP, the proposed agreement between 12 Pacific Rim countries including the US, Japan, Canada, Mexico, Vietnam and New Zealand, together accounting for 40 per cent of world gross domestic product, was junked before it could come into existence. Nafta, essentially a tariff union between the US, Canada and Mexico that has been operational since 1994, will possibly be renegotiated, particularly with Mexico, and there is a real risk that with the US president’s trigger-happy ways