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Trump's Decision to Abandon TPP Could Benefit China

U.S. President-elect Donald Trump's decision to withdraw from the 12-nation Trans-Pacific Partnership, or TPP, abandons a massive trade deal that was a key plank of President Barack Obama's re-engagement with Asian nations. Trump says instead of one agreement that accounts for 40 percent of world trade, he plans to negotiate one-on-one trade deals that will be more favorable for American workers. For countries in Asia, analysts say abandoning the deal opens new trade opportunities...

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