Mireya Solís, Brookings senior fellow in Foreign Policy, discusses the new Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a reiteration of the original Trans-Pacific Partnership (TPP) without the United States. Solís also analyzes international trade policy throughout Donald Trump’s first year as president.
There are important geoeconomic considerations driving a more proactive Japanese foreign economic policy. In the long term, the goal is to anchor the U.S. to the regional architecture by encouraging its return to TPP. In the medium term it is about developing cooperation among like-minded countries to tame Chinese mercantilism in areas such as excess steel capacity and forced technology transfers.