Publications & Events
International Trade Daily Bulletin

Trade Issues for Asia Business in 2017

For almost a decade, the US government led talks on an ambitious, cutting-edge Asia-regional trade agreement called the Trans-Pacific Partnership (TPP). After the talks were successfully concluded and the TPP was signed early in 2016, North American companies eagerly awaited the unique market opening benefits of the agreement, and the business-friendly region it would create strengthening trade, investment and supply chain links between North America and Asia.

Then the picture changed with the US election.

The TPP appeared to be dead. And businesses were hearing more reports about another Asian trade agreement still under negotiation, the Regional Comprehensive Economic Partnership (RCEP), to which the US, Canada and Mexico are not parties. The RCEP has been widely characterized as a China-led agreement that competes with the TPP and is against US interests. North American businesses are rightly concerned about the effect of these developments on trade and investment in the Asia region. The article below addresses those concerns by describing the future implications of the demise of the TPP and emergence of RCEP and ways North American businesses might adjust.


Click here to download a full PDF version of Trade Issues for Asia Business in 2017: A Look Beyond Headlines at TPP's Demise and Emerging RCEP Trade Agreement.


More on this topic:

Click here to visit our Trade and Transitions page


Reproduced with permission from International Trade Daily, No. 11, 01/18/2017. Copyright [1] 2017 by The Bureau of National Affairs, Inc. (800-372-1033)

This publication is provided for your convenience and does not constitute legal advice. This publication is protected by copyright.