This idiot Trump crapped all over this deal when everyone told him it was a leverage against China in the region and now that he's started this trade war, he wants back in.
It's now the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The countries involved in the CPTPP are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. In making the new alliance, many of the Obama negotiated provisions have been dropped out the the new agreement. These definitely benefited the USA and will never be reversed.
A sampling:
- Countries will be allowed to continue with their public healthcare and pharmaceutical programs
- The investor-state dispute settlement mechanism has been narrowed so that national governments can continue to regulate in the public interest without being sued by foreign businesses
- Financial services won't be as open to the investor-state dispute settlement mechanism as they would have been in the original TPP
1.the copyright term for films, music, and various publication won't have to be extended from 50 years to 70 years
2. national protections for pharmaceuticals won't have to be extended or generics further restricted
3.government procurement at the national, state, and local level won't be forced against their will to open up to foreign contracts
4.no new laws for breaking digital locks on copyrighted works beyond what currently exists
5.no change to laws relating to rights management information about copyrighted works
6.no new obligations around the liability of ISPs regarding online copyright infringement
7.no new protections required for encrypted program-carrying satellite and cable program signals
8.individual nations can continue to maintain public monopoly postal services if they wish
9.treatment of intellectual property remains aligned with international rules and is not expanded
In total there were 22 provisions the USA imposed that were scrapped that Obama and his trade representatives had negotiated.