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When it comes to sweeping global free-trade agreements, U.S. President Donald Trump isn’t the only party pooper. Two years after Trump withdrew the U.S. from a 12-nation deal known as the TPP, Indian Prime Minister Narendra Modi has pulled his country out of a 16-nation grouping led by China known as the RCEP. In both cases, protectionism played a part; in both cases, the show goes on.

What is the RCEP?

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