Chinese Commerce Minister Wang Wentao applied for membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to a statement published by the ministry late Thursday. It succeeded the Trans-Pacific Partnership (TPP) after the United States withdrew under former President Donald Trump in 2017. Obama wanted the deal to be a major part of his legacy, but his successor, Trump, withdrew the United States from the partnership in 2017. China's official application comes just a day after Canberra signed a security deal with the United States and the United Kingdom called AUKUS. Australian coal, wine, barley and beef have all already been affected by trade tensions with China, and experts say that defense deal has antagonized Beijing further.
Source: CNN September 17, 2021 09:00 UTC