Professor of Law : Georgetown University, and Director,
Institute of International Economic Law
Will the work that went into negotiating the Trans-Pacific Partnership (TPP) go to waste?
The agreement cannot come into force unless ratified within two years by economies that constitute 85 per cent of the total GDP of the 12 members. This makes ratification by the United States and Japan indispensable. While President Trump is not noted for consistency of purpose, the prospect that he will not only reverse his stance on the TPP but also secure Congressional approval within two years is surely nil.