The collapse of the TPP was a result of discrepancies at three levels.

President says he would drop opposition to trade pact if better deal could be negotiated.

Pacific Rim nations including Japan and Canada aim to sign comprehensive pact in March.

Canada has launched a wide-ranging trade complaint against the United States, the World Trade Organization said on Wednesday.

Why was the National Security Strategy Report so hostile to China?

The convergence of strategic threats to India, and the legacy of failed American policy in the region, have seen the resurgence of the once defunct Quadrilateral Security grouping. In doubling its efforts to serve as a regional counterweight to Chinese influence to ensure the sustained freedom of the seas and to stymie any Chinese efforts to gain control over crucial sea lanes to potentially block free trade, India would signal its leadership role.

Recently, the Trump administration notified the World Trade Organization (WTO) that the United States opposes granting China market economy status at the WTO, an opinion also supported by the European Union. Under the World Trade Organization (WTO) terms, China should have graduated last year to market-economy status.

President Donald Trump told a gathering of business leaders in Tokyo that Japan has an unfair advantage on trade and that he intends to fix that imbalance by making it easier to do business in the U.S.

It is not ideology that Beijing should count on, then, but incompetence. With TPP and the Paris Agreement, the Trump White House has been driven by rank opportunism – not in pursuit of a coherent set of policy goals, but rather to claim alpha status by the simplest means available.

Since the 2008 global financial crisis, China and the U.S. have entered into a new structure, namely an emerging dual leadership structure, in the Asia-Pacific. This trend represents the future direction of U.S.-China relations.