What on earth is the CPTPP?
A new trade block emerges from the ashes of the TPP
By A.F.
THE prospects for global trade look bleak. Donald Trump has signed controversial orders imposing heavy tariffs on steel and aluminium. China and the EU have threatened to retaliate. But while potential trade wars are hogging the headlines, they are not on the agenda everywhere. On March 8th trade ministers from 11 countries gathered in Santiago, the capital of Chile, to sign the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP. What is this (clunkily acronymised) new deal?
More from The Economist explains
What do Greenlanders think of being bought?
Donald Trump’s desire for Greenland, and a shabby visit by his son, reignite the independence debate
What would Donald Trump gain from seizing the Panama Canal?
The president-elect claims the crossing is controlled by China and rips off American consumers
Where does Santa come from?
How a miracle-working Greek bishop, Dutch folk figure and early New York icon became the ubiquitous symbol of Christmas
Who are the main rebel groups in Syria?
They were united against the country’s dictator. Now they have little in common
Is RFK junior right to say America allows more toxins than the EU?
He is, but things are slowly beginning to change
What would it cost to kill coal?
The price of shutting down coal power, and what would be gained