Pacific trading partners release Trans-Pacific Partnership pact details

The long-awaited text of a landmark U.S.-backed Pacific trade deal was released on Thursday, revealing the details of a pact aimed at freeing up commerce in 40 percent of the world’s economy but criticized for its opacity.,, Republican White House contender Donald Trump has labeled it a “disaster.” The TPP would be a boon for factory and export economies like Malaysia and Vietnam. Anticipated tariff perks are already luring record foreign investment into Vietnamese manufacturing and both countries are expected to see increased demand for their key exports, from palm oil and rubber to electronics, seafood and textiles. Read the rest here 07:37

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