It took five years of negotiations between 11 Pacific Rim nations to get the Trans-Pacific Partnership (TPP) free-trade deal signed. It spans around 40 percent of the world's economy. The business world is already pointing out winners and losers.
Iran President Hassan Rouhani has threatened to abandon the 2015 nuclear deal if the US continues to impose new sanctions. Rouhani told the parliament that his US counterpart, Donald Trump, was "not a good partner."
The United States and Vietnam have signed a number of business deals in an effort to boost bilateral trade relations. The contracts came after Donald Trump pulled out of the Trans-Pacific Partnership (TPP) trade pact.
The US is pressuring the new South Korean government to revise a five-year-old economic agreement with implicit suggestion that it could rethink the all-important defense arrangement. Julian Ryall reports from Tokyo.
The NAFTA trade pact is old. Since being signed in 1994, the world and the way the world does business has changed. But elections loom in the countries concerned, risking politics getting in the way of business.
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