Trade negotiators from the U.S., Japan, and 10 other Pacific Rim nations reached agreement in the Trans-Pacific Partnership trade deal Monday, marking what The Washington Post reports is the "largest free-trade accord in a generation." The agreement comes after nearly eight years of negotiation and five days of talks between officials of the 12 nations.
The deal will eliminate trade barriers and establish commercial rules for Pacific Rim countries that represent an estimated 40 percent of the world's economy. Next up: Getting the deal ratified in all 12 member nations, with one of the biggest question marks being the U.S. Congress.
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