Video Duration 02 minutes 32 seconds

TPP trade agreement signed countering US protectionism

The Trans-Pacific Partnership, or TPP 11 for short, is being hailed as countering increasingly protectionist policies of the United States.

A revised Trans-Pacific Partnership (TPP) agreement has been signed between 11 countries, in what’s been hailed as a powerful move against protectionism.

The revised deal will reduce tariffs for these countries, and connect economies worth $10 trillion.

Al Jazeera’s Lucia Newman reports from Santiago.