Members of Trans-Pacific Partnership trade deal pose for an official picture before the signing agreement ceremony in Santiago. Photo: ReutersAmid rising fears the US will spark a new global trade war, a revised Trans Pacific Partnership trade deal has been signed this morning in Chile. It was signed by Trade Minister David Parker in Chile shortly after 7am today. Trade supporters have said that in reality, free trade deals usually delivered much higher returns. The Labour Party, which rejected the previous TPP deal, has trumpeted the revised agreement as an improvement.

Source: Otago Daily Times March 08, 2018 19:41 UTC