Tag: U.S. trade, Category: Economy

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China Adjusts to a New World Order on Climate and Trade

President-elect Donald Trump followed up on a key campaign talking point on Monday by announcing that he would withdraw the U.S. from negotiations over the Trans-Pacific Partnership on his first day in office, thereby negating a key part of President Obama’s legacy. The TPP, a 12-nation trade pact that did not include China, is “meaningless without the United States,” according to Japanese Prime Minister Shinzo Abe, and its future is now in doubt. The