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After US exit, Asian nations try to save TPP deal

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Australia and New Zealand said on Tuesday they hope to salvage the Trans-Pacific Partnership (TPP) by encouraging China and other Asian countries to join the trade pact after US President Donald Trump kept a promise to abandon the accord.

The TPP, which the United States had signed but not ratified, was a pillar of former U.S. President Barack Obama's policy to pivot to Asia. 

Japanese Prime Minister Shinzo Abe has touted it as an engine of economic reform, as well as a counter-weight to a rising China, which is not a TPP member.


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