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11 countries signed the comprehensive and
progressive agreement for

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trans-Pacific partnership in Chile.

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It's a sweeping trade deal
that reduces tariffs.

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Participating countries include Canada and
Japan, and

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amount to more than 13% of
the global economy, and

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a total of $10 trillion in
gross domestic product.

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The United States is not one of them.

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But even without the US, the deal spans
a market of nearly half a billion people,

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making it one of the largest
trade agreements in the world.

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Brookings, Mireya Solís.
>> It demonstrates that these countries

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are prepared to move on
without the United States.

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And it gave us cues as to which
countries may now step up and

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provide that leadership.

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I think it's also remarkable, that Japan,

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a country that traditionally had
been perceived as more passive or

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defensive in trade diplomacy, has actually
now orchestrated these efforts and

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brought all the countries,
ten TPP countries.

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So that they could actually have
this signing ceremony today.

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>> The original TPP was thrown into limbo

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last year when President Trump withdrew
from it three days after his inauguration.

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He said he had done that
to protect US jobs.