06 Jul '18, 11pm

Japan becomes second country after Mexico to ratify TPP-11 deal

Japan became the second country to ratify the revised Trans-Pacific Partnership (TPP) trade deal yesterday, the same day the United States imposed the first round of prohibitive tariffs on some Chinese goods in a move many fear will lead to a drawn-out trade war. The 11-nation revised deal - known as the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership, or the TPP-11, following President Donald Trump's decision to pull the US out of the original deal shortly after he assumed office - will go into effect 60 days after it is ratified by six member countries. TO READ THE FULL ARTICLE Subscribe Login Thank you for reading The Straits Times You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber. What is Premium ?

Full article: https://www.straitstimes.com/asia/east-asia/japan-becomes...

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