(Carlos Barria/Reuters)Thirty years ago, as Donald Trump gave what is widely considered to be the first campaign speech of his career, he criticized one country above all for cheating the United States in trade: Japan. The deal crafts a trading bloc roughly the same size as that established by the North American Free Trade Agreement, a 1994 deal between the United States, Mexico and Canada. Talks over the deal have stretched over more than four years, in part because Japan was more focused on the Trans-Pacific Partnership, a 12-country trade deal that included the United States. (Reuters)On his third day in office, Trump officially withdrew the United States from negotiations for the TPP. Europe and Japan have agreed to their trade deal only “in principle,” meaning they concur on its broad outlines.

Source: Washington Post July 06, 2017 12:06 UTC