From ASIL annual meeting: TPP lives on

From TPP, Brexit, and After: The Uneasy Future of Deep Economic Agreements:

Christina Davis remarked that TPP broke the mold of East Asian regional trade agreements (RTAs), largely due to US leadership in pushing for new rules on labor, environment, digital trade, state-owned enterprises and competition -- features that persist past the US exit from TPP. For instance, the new administration’s stated goals for renegotiating NAFTA mention adding TPP disciplines; Vietnam is still moving forward on its TPP-related labor policy reforms.

Japanese Prime Minister Abe pushed Japan to join the TPP negotiations to advance domestic agricultural policy reforms. Moreover, geopolitically TPP signals deepening of the Japan-US relationship; TPP excluding China is part of that message. Japan has become the lead advocate for TPP, after the US election. Japan scores foreign policy gains from continuing to support TPP.

Kathleen Claussen of USTR (speaking in a personal capacity) noted the importance of Congress in determining US trade agreements’ template and agenda. To understand agreements’ impact, she suggested focusing on the process before entry into force when parties evaluate what implementation actions are necessary.