Where Donald Trump sees an apple-cart to upset, other countries see fruitful opportunities. Today ministers gather to discuss reviving the trade deal unceremoniously rejected by Mr Trump. The politics are simple: if America won’t lead global dealmaking on trade, Japan will. The economics make sense, too. A study by the Canada West Foundation, a think-tank, finds that although TPP without America would raise exports between its members by just 40% of the original plan’s projected gains, that is better than nothing. Canada and Mexico could even gain from America’s departure: Canadian beef exporters would enjoy less competition from American exporters in Japan, and both would retain preferential access to the American market through NAFTA (for now, anyway). The deal would divert trade from America, predicts the think-tank, lowering its GDP. A sweet deal indeed—and one, the Japanese hope, that could eventually lure Mr Trump back to the negotiating table.