Time for a U.S.-Japanese Free Trade Agreement?

How to Proceed if the TPP Is Dead

A worker adjusts the U.S. flag before Japanese Prime Minister Shinzo Abe addresses media following a meeting with President-elect Donald Trump in Manhattan, New York, United States, November 2016. Andrew Kelly / REUTERS

Days before U.S. President-elect Donald Trump takes office, there are few that hold out hope for the survival of the Trans-Pacific Partnership (TPP). Outgoing U.S. President Barack Obama’s failure to push the 12-nation pact through the U.S. Congress allowed it to become a political football in the 2016 presidential election, disavowed by both Trump and his opponent, Hillary Clinton. The majority of Congress members also found it too toxic to touch in an election season dominated by populist discussion about protecting U.S. workers from the ravages of free trade.

Some of Trump’s senior advisers, such as Peter Navarro, incoming head of the new National Trade Council, have declared that the TPP will not be resurrected. Other voices, including the economists Larry Kudlow and Stephen Moore, have supported the TPP in the past and indicated that it might be renegotiated. Having made a public announcement just

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