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Trans-Pacific Partnership (TPP) – The Mega Deal! 🌊

What was it? A massive Free Trade Agreement proposed between 12 Pacific Rim countries.

  • Members: USA, Japan, Canada, Australia, Mexico, Vietnam, etc.
  • Goal: To create a huge free trade zone and counter China's influence in Asia.
  • Size: It covered 40% of the Global Economy!

Key Features:

  1. Zero Tariffs: On 18,000 products.
  2. High Standards: Strict rules on Labor rights and Environment.
  3. IP Protection: Strong rules for Patents and Copyrights.
The Twist

It was signed in 2016. But in 2017, Donald Trump withdrew the USA from TPP on his first day in office! He said it "steals American jobs".

Quiz Time! 🎯

Test Your Knowledge

Question 1 of 5

1. TPP originally included how many countries?

5
12
50
2

💡 Final Wisdom: "TPP was like a massive ship built to rule the Pacific. But the Captain (USA) jumped off before it even sailed!" 🚢⚓

Next up: TPP Features & CPTPP - The Rebirth! 🐣

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