The world’s largest trade deal could be signed in 2020 — and the U.S. isn’t in it.
RCEP was hard fought, but a choice made easier by the calculation that Asia needed to push back against protectionism even as the United States chose that path.pulled his country out of the TPP and slapped punitive tariffs on several U.S. trading partners for what he said were unfair trade practices.
"RCEP was hard fought, but a choice made easier by the calculation that Asia needed to push back against protectionism even as the United States chose that path,"The final text with details of the trade agreement will go through legal reviews before being signed and released. Even for companies that export goods outside the bloc, there'll be incentives to build their supply chains across RCEP member countries, according to Reuters.
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