What would America’s withdrawal from the TPP mean for Australia? | Law

What would America’s withdrawal from the TPP mean for Australia?

Dr Weihuan Zhou speaks to news.com.au (23 November 2016) regarding President-elect Donald Trump's announcement of his intention to withdraw the US from the Trans-Pacific Partnership.

Dr Zhou said, “China is only so active in pushing the RCEP [Regional Comprehensive Economic Partnership] because of the TPP, because of Japan’s role in the TPP,” Dr Zhou explained. “If the US withdraws from the TPP and the pact dies, China likely won’t continue pushing for the RCEP.”

“The TPP hasn’t died yet, The TPP could survive if the US is able to push for negotiations and outcomes that satisfy the current leadership. There are just a lot of uncertainties over the price,” he said.

“The only reason Trump said he would kill (the TPP) is because that’s what he repeated during his election campaign,” said Dr Zhou. “But as President, he can still come back with a reason to say we need it.”

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