United States factors in the Trans Pacific Partnership (TPP)

Trans Pacific Partnership (TPP) has officially been 12 countries signed on the 5 October 2015 after 5 years of tough negotiations and repeated delays. This is a great success for the redirected strategy of US focus on Asia-Pacific. TPP’s pillars of economic policy “Pivot to Asia” the administration...

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Bibliographic Details
Main Author: Pham, Hoang Tu Linh
Other Authors: Journal of Social Sciences and Humanities
Format: Article
Language:English
Published: H. : ĐHQGHN 2019
Subjects:
US
Online Access:http://repository.vnu.edu.vn/handle/VNU_123/64671
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Institution: Vietnam National University, Hanoi
Language: English
Description
Summary:Trans Pacific Partnership (TPP) has officially been 12 countries signed on the 5 October 2015 after 5 years of tough negotiations and repeated delays. This is a great success for the redirected strategy of US focus on Asia-Pacific. TPP’s pillars of economic policy “Pivot to Asia” the administration of President Obama. The US use of TPP as the economic engine not only help Washington to maintain its superpowers position in th world, but will also help the Obama administration control rising competition strongly of China in the region. TPP will bring huge benefits for the United States, the participating countries and the Asia-Pacific. Therefore, the participation of US in TPP as the larges partner and important during the negotiations.