Mihir Sharma, Columnist

Why Trump Voters Should Love the TPP

For the same reason America’s competitors fear it.

Trade helps the poorest.

Photographer: John Greim/LightRocket/Getty Images

When he travels to Peru this weekend for an Asia-Pacific summit, U.S. President Barack Obama will have to admit that the Trans-Pacific Partnership, his signature trade pact, is very likely dead. President-elect Donald Trump swept to victory in part by railing against such massive trade deals. Today, few in Washington would dare to challenge the view that globalization has benefited cheaper foreign workers at the expense of hard-working Americans.

But Washington’s politicians, Donald Trump -- and, yes, his voters -- are mistaken about the TPP. Perhaps they haven’t noticed that poorer countries such as India fear the TPP as much as anyone in the U.S -- because such deals are designed primarily to benefit Americans, at least in the near term.