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Asia Trade Talks Stall as TPP Bounces Back From Trump's Blow

  • Push for 16-nation RCEP deal bogs down on China-India rivalry
  • Members turn attention to reviving TPP without U.S. leadership
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Photographer: Craig Warga/Bloomberg
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As negotiators race to wrap up a 16-nation Asia trade pact they face a new and unexpected threat -- momentum in a rival trade deal that nine months ago appeared doomed.

When President Donald Trump abandoned the U.S.-led Trans-Pacific Partnership shortly after taking office, nations turned their focus to the Regional Comprehensive Economic Partnership. Now, remaining TPP members are making a concerted effort to resurrect that deal, while progress stalls on the RCEP.