UK Joins Trans-Pacific Partnership to Boost Post-Brexit Trade

Britain has agreed to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trade pact that includes Japan and Australia, as it looks to deepen ties in the region and build its global trade links after leaving the European Union. The deal will cut tariffs on cars, spirits, and dairy products, and boost the economy by £1.8bn each year in the long run. Britain is the first new member to join the group, and its membership gives it strategic benefits as it can now influence whether applicants China and Taiwan may join the group.