The idea that the US is historically a free trading country is a myth. Here's why that's a good thing.
Tariffs have been falling in recent years but countries are imposing other barriers to trade, affecting Australian consumers and businesses.
There's ample space to renegotiate some terms from the original agreement that would improve social welfare across the region.
While Trump’s more extreme campaign promises may not eventuate, substantive changes in how the US engages with the world on environmental, and many other, issues are likely.
The world braces for Donald Trump's brand of` trade protectionism, which will send shockwaves through the global economy.