WASHINGTON (Sputnik) — The Trans-Pacific Partnership (TTP) Agreement, a trade deal between the United States and Asia Pacific partner countries that pointedly excludes China, will still benefit Beijing, US Republican presidential candidate Donald Trump said.
On October 5, 12 countries of the Pacific Rim region reached an agreement on the wording and subject matter of the TPP trade deal, intended to deregulate trade among the signatories which together make up some 40 percent of the world economy.
"TPP is a horrible deal. It is a deal that is going to lead to nothing but trouble. It is a deal to allow the Chinese to come in through the back door like they always do," Trump said during the Republican presidential debate on Tuesday.
The unusual secrecy surrounding the TPP negotiations, and the uncertain implications of the deal for workers’ rights, national sovereignty, employment, copyright and the environment have drawn strong criticism from lawmakers, economics experts and the public.
The parties to the TPP agreement are the United States, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.
