Will the demise of TPP hit Vietnam's trade and investment boom? The demise of TPP at the hands of President Trump, though, is not as big a deal as one would think especially with Vietnam’s trade and investment boom. The demise of the TPP is considerably less consequential for the participants than, for example, rewriting NAFTA will be. Positive statements from the Prime Ministers of Japan, Australia and New Zealand, all indicate a new found willingness to conclude the TPP without the United States. The TPP would have eliminated Vietnamese tariffs on virtually all manufactured goods made in the United States, and would have enhanced IP protection for American companies.
Source: VietNamNet News February 07, 2017 23:30 UTC