TAIWAN – TPP OR NOT TPP?

Written by Michael Reilly. Not since the end of the 2nd World War has the international trading environment been shrouded in so much uncertainty. Four years ago, the future looked clear. In October 2015, the USA and eleven other countries agreed on what would have been the world’s largest free trade agreement, the Trans-Pacific Partnership (TPP), covering 40% of the global economy. The USA and the EU were also talking about a similar agreement, the Transatlantic Trade and Investment Partnership (TTIP). Then came the Brexit referendum and Donald Trump’s election as president of the USA.