The TPP can be traced all the way from 2003 with a three party trade bloc between New Zealand, Singapore, and Chili. Brunei was added to the deal in 2005, making the TPP a four party trade bloc. However; in 2008,the United States decided to join in on the new agreement. This opened an expansion of the membership. The United States joined the TPP to help U.S. businesses compete in the Asia-Pacific region. There was a lot of opposition when the United States joined the TPP. The opposition claimed that the United States would take over the trade in those regions by joining this partnership, and make it much harder for the original countries involved to compete in trade. Once the United States became a member, they soon sent out invitations to Australia, Vietnam, and Peru. Today, the TPP is made up of twelve nations: Australia, Brunei, Canada, Chili, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. The TPP has not yet gone into effect. Later, we'll be talking about the current problems the agreement is facing, and what the future may hold for the TPP.
Source:
(Rajamoorthy, 2013)
https://www.globalresearch.ca/the-origins-and-evolution-of-the-trans-pacific-partnership-tpp/5357495
I have heard of TPP before in other classes. I think it is a reasonable assumption that the U.S. could take over the trade areas, however at least the U.S. is taking action. I didn't realize there were so man countries within TPP!
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