Economics
TPP Trade Deal Strengthens Obama’s Hand in Asia Strategy
A trading bloc stretching from Chile to Japan, with the U.S. at the economic center, bolsters Obama’s effort to counter growing Chinese military and economic influence in the Pacific.
President Barack Obama walks toward Marine One on the South Lawn prior to his departure from the White House on Oct. 4, 2015.
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A 12-nation Pacific trade deal strengthens President Barack Obama’s hand in his strategic pivot toward Asia and challenges China to accept U.S.-backed rules for doing business.
A trading bloc stretching from Chile to Japan, with the U.S. at the economic center, bolsters Obama’s effort to counter growing Chinese military and economic influence in the Pacific. The agreement, reached Monday in Atlanta, also bolsters his diplomatic position as he travels to Asia next month for meetings with regional leaders.