Manawatu Standard

TPPA, no way – for now

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as close as we’ve ever been to a free trade deal – tapping into a burgeoning economy of 1.2 billion people.

New Zealand relies on overseas trade and we should turn our attention to India, especially after the shock United States presidenti­al result this week.

Whichever way the election over there went, it seemed the much-maligned, confusing and controvers­ial Trans-pacific Partnershi­p Agreement was dead in the water anyway.

The 12-nation agreement that includes heavyweigh­ts Australia, the US, Malaysia and Mexico always faced tough hurdles to ratificati­on in all countries.

Early backer Hillary Clinton did a 180-degree turn to oppose it, while among election victor Donald Trump’s hodge-podge of policy-related funk is a worrying protection­ist streak that rates the TPP as highly as a ‘‘bad hombre’’.

The days of the US leading the way on free trade look over, as does New Zealand’s immediate prospects of finding an in through the country’s economic wall.

A long-time holy grail for Kiwi administra­tions, a free trade deal with the US in any form is just not an option under a Trump-led presidency and the TPP is unlikely to slip through Congress before he takes office on January 20.

Key has optimistic­ally put some store in TPP re-negotiatio­ns at some vague date in the future. Forget it, the deal is off. Trump’s plans to Make America Great Again don’t involve us.

Even if New Zealand won a spot around the White House negotiatin­g table, it’s highly unlikely we’d come away with an agreement that will benefit this country.

The chants of protesters – ‘‘TPPA – no way’’ – proved prescient. There’s also a delicious irony that a man surely loathed by the eclectic mix of anti-tpp types is the one to kill it off.

New Zealand needs to move on and focus on India, Malaysia and even emerging South American economic powerhouse­s. It seems we’re making progress toward a deal with Arab states too.

Good. For now, the US should sit on our free trade backburner.

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