12 Pacific Nations Sign Major Free Trade Agreement

Twelve Pacific region trade ministers signed the Trans-Pacific Partnership in Auckland, New Zealand, on Thursday — a broad free-trade deal that will cut taxes and trade barriers for nearly half of the world's economy. Trade Representative Michael Froman signed for the United States. All the ministers said their goal is to "enhance shared prosperity, create jobs and promote sustainable economic development for all of our nations." The agreement is considered one of...

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