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Trump did the U.S. as well as the rest of the free world a favour in dumping the Trans-Pacific Partnership. The TPP wasn’t about unleashing the power of the private sector to bring prosperity to millions — does anyone really believe Barack Obama staked his reputation on TPP in order to further a capitalist utopia? No, Obama wanted TPP as a legacy issue partly to fetter the free market and partly to establish his “Asian pivot,” a dubious project involving the abandonment of allies elsewhere in order to bring China to heel.

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