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TPP-EU alliance makes good sense in fight against protectionism

Huge free trade zone can serve as warning and example to US-China squabbles

A new trade bloc comprised of the Asia-Pacific region and EU would account for 35% of global GDP, eclipsing both the U.S. and China.

TOKYO -- Simmering U.S.-China trade tensions and rising protectionism are threatening the global economy, with efforts to persuade the two countries to resolve their differences being largely ignored.

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