The United States has concluded the main trade agreement in 20 years
The US has entered into a trade agreement with 11 countries. The document establishing the Trans-Pacific Partnership was signed by Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. These countries form 40 percent of the world's GDP. As Bloomberg notes, this is the main trade agreement for the United States since 1994, when the agreement was signed to create the North American Free Trade Area. The agreement provides for a free trade zone.