by David A. Gantz, law professor and director emeritus of the International Economic program at the University of Arizona Rogers College of Law
However, the Trans-Pacific Partnership may be more important for its political implications. Reassuring our allies in Asia that after more than a decade of preoccupation with the Middle East, we are in fact “pivoting” in their direction and remain a worthy ally in the face of growing Chinese hegemony and military activity in the region.
But the benefits of concluding the agreement negotiations could easily dissipate if Congress fails to approve the TPP promptly, because we too face competition from China.
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