Japan became the second country to ratify the revised Trans-Pacific Partnership (TPP) trade deal yesterday, the same day the United States imposed the first round of prohibitive tariffs on some Chinese goods in a move many fear will lead to a drawn-out trade war.
The 11-nation revised deal - known as the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership, or the TPP-11, following President Donald Trump's decision to pull the US out of the original deal shortly after he assumed office - will go into effect 60 days after it is ratified by six member countries.
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