TPP Not Dead

One of the prime advocates of the Trans-Pacific Partnership believes the agreement still has a future, despite the antagonism shown by president-elect Donald Trump, ABC reported. Senior fellow with the Peterson Institute for International Economics Jeffrey Schott said the TPP was not dead. “I am an optimist—certainly it’s in suspended animation, that’s the most optimistic thing you can say about it at this point,” he said. Schott said it could be provisionally supported by the other nations involved, including Australia, Japan, Canada, Malaysia, Vietnam, Brunei, Singapore, Peru, Mexico, Chile and New Zealand.