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Economy

TPP can still shape global trade, says ex-US trade chief

Michael Froman cites Japan's crucial role in forging new rules

Former U.S. Trade Representative Michael Froman speaks at a symposium in Tokyo on March 21.

TOKYO -- President Donald Trump may have pulled the U.S. out of the Trans-Pacific Partnership free trade pact, but the accord may still serve as a guide for future trade agreements, says former U.S. Trade Representative Michael Froman.

"It's possible that the U.S., among other countries, will look to what we agreed to in the TPP as they negotiate or renegotiate other agreements," Froman said in a keynote speech at a symposium organized by The Nikkei on Tuesday. 

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