Nov 11, 2015

White House rejects calls for possible renegotiation of TPP

A senior White House official denied Wednesday that the United States and 11 other Pacific Rim countries could renegotiate a sweeping free trade agreement, brushing off calls to revisit the text of the U.S.-led deal. Renegotiation of the Trans-Pacific Partnership initiative is “not an ...

Nov 10, 2015

China to push alternative trade pact at APEC

China will seek to push its own vision of an Asia-Pacific trade pact at a regional summit next week, senior officials said Tuesday, after this month’s release of a rival U.S.-led deal that pointedly excludes the Asian giant. Beijing sought to promote the Free ...

Key senator says White House may have to renegotiate parts of TPP pact

Nov 7, 2015

Key senator says White House may have to renegotiate parts of TPP pact

A key U.S. senator said Friday the Obama administration may have to renegotiate parts of the recently concluded Trans-Pacific Partnership trade pact, heralding a tough battle to win support in Congress. The administration notified lawmakers Thursday it plans to sign the 12-nation TPP, starting ...

Nov 6, 2015

TPP nations agree to abstain from currency wars

The dozen countries that signed the Trans-Pacific Partnership have committed to refraining from competitive currency devaluations and to being transparent about their exchange-rate policies, the U.S. said. Negotiators for Pacific Rim nations including Japan, Australia and Vietnam agreed last month to the deal, which ...

Nov 5, 2015

Japan, five TPP partners agree to review terms after seven years

Japan has agreed with five of the 12 nations involved in the Trans-Pacific Partnership free trade initiative to launch talks, if requested, on their terms of agreement seven years after the pact’s ratification, sources said Wednesday. The draft of the broadly agreed free trade ...