On the same day that Trump announced a heavy tax on imported steel and aluminum, the agreement announced that it would reduce tariffs. Reuters commented on the 9th that the signing of CPTPP is undoubtedly "against Trump's army".
The New York Times said on the 9th that as a tool to counter China's influence, TPP now has a new goal: to deal with Trump's protectionism. Agence France-Presse quoted analysts as saying on the 9th that this agreement aims to tell Trump that mocking the agreement is tantamount to suicide, and the new TPP without the United States will still affect the whole world.
According to Singapore's Lianhe Zaobao on the 9th, representatives from Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam signed CPTPP in Santiago, Chile, on the evening of the 8th local time. These countries represent a huge market with a population of 500 million, which is more than the single market of the European Union. The total GDP is 10 trillion US dollars, accounting for 13.5% of the global economy.
In the joint statement, countries said: "The signing of this agreement has brought us to the next stage, and ministers of all countries have expressed their firm will to complete domestic procedures and let the agreement take effect as soon as possible."
Chilean Foreign Minister Mu? oz said after the signing ceremony on the 8th that the signing of the agreement is a strong signal against protectionism and supports global free trade from the threat of unilateral sanctions and trade wars. He said, "Although some products will still be taxed and there is a threat of trade war, we will release public information. This is by far the most important and stringent free trade agreement signed by the world. "
Champagne, Canada's Minister of International Trade, said on the 9th that "we proudly show the world that trade liberalization is the way forward".
Trump's first major event after taking office last year was to sign an executive order and announce his withdrawal from the Trans-Pacific Partnership Agreement. Trump, who has been shouting "American priority", believes that the agreement has damaged the manufacturing industry in the United States and is a "potential disaster" for the United States.
The move dealt a heavy blow to other signatory countries, but apparently they rallied after one year-Reuters said on the 9th that on the eve of the CPTPP signing ceremony, Europe and the International Monetary Fund also called on Trump to rein in from the brink and avoid letting the US steel and aluminum tariff plan trigger a trade war. The landmark agreement CPTPP has had the opposite effect. In the field of tariffs, almost all the original TPP contents signed by 12 member countries including the United States in 20 16 are retained.
Chilean President Bachelet said that the signing of the new agreement sent a strong signal to the international community: open markets, economic integration and international cooperation are the best ways to create economic opportunities and prosperity. Interestingly, Japan, which led the 1 1 national consultation, gave Chile the right to host the signing ceremony. Some media believe that Chile hopes to host the signing ceremony because Bachelet hopes to sign this agreement as her political achievements before the end of the term of office of 1 1 in March. And Japan's "humility" also hopes that the signing of the new agreement can be realized as soon as possible.