--- title: Trans-Pacific Partnership Trade Deal Is Reached description: The United States reached an historic trade agreement with 11 Pacific Rim nations on Monday canonical: https://time.com/4061064/trans-pacific-partnership-trade-deal-tpp/ author: Sam Frizell article:opinion: false article:content_tier: free article:published_time: 2015-10-05T12:45:39.000Z article:modified_time: 2026-02-22T11:30:31.844Z article:section: Business og:title: U.S. and Pacific Nations Reach Landmark Trade Deal og:description: The Trans-Pacific Partnership still faces a congressional fight og:url: https://time.com/4061064/trans-pacific-partnership-trade-deal-tpp/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/bltf76191747e02c9d5/698866d5cd1bba4ff96fd7eb/tpp.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 og:image:width: 1200 og:image:height: 675 og:image:alt: Pacific trade talks near landmark deal og:type: article twitter:card: summary_large_image twitter:title: U.S. and Pacific Nations Reach Landmark Trade Deal twitter:description: The Trans-Pacific Partnership still faces a congressional fight twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/bltf76191747e02c9d5/698866d5cd1bba4ff96fd7eb/tpp.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  # U.S. and Pacific Nations Reach Landmark Trade Deal by [Sam Frizell](/author/sam-frizell/) ## Sam Frizell Oct 5, 2015 12:45 PM CUT  Akira Amari (C), Japanese minister in charge of the Trans-Pacific Partnership talks, announces in Atlanta that the countries involved in the negotiations are set to announce a landmark deal soon after settling most of their differences including those over pharmaceutical patents, on Oct. 4, 2015. Akira Amari (C), Japanese minister in charge of the Trans-Pacific Partnership talks, announces in Atlanta that the countries involved in the negotiations are set to announce a landmark deal soon after settling most of their differences including those over pharmaceutical patents, on Oct. 4, 2015.Kyodo—AP by [Sam Frizell](/author/sam-frizell/) ## Sam Frizell Oct 5, 2015 12:45 PM CUT The United States reached an historic trade agreement with 11 Pacific Rim nations on Monday, setting global commerce and worker standards that would bind together 40% of the world’s economy including Japan, Chile and Vietnam. The so-called Trans-Pacific Partnership, a product of nearly eight years of negotiations, will set a key precedent for global trade and could be a major achievement for President Obama—depending on its fate in Congress. The deal would phase out thousands of import tariffs and increase the flow of goods around the Pacific, establish rules on corporations’ intellectual property, open the Internet, and crack down on wildlife trafficking and environmental abuses. It would also seek to stem the influence of China, which is not a party to the deal. The deal faces a contentious congressional vote against the backdrop of the 2016 presidential race, with candidates likely to stake out firm positions. Vermont Democratic Sen. Bernie Sanders and Republican candidate Donald Trump both lambasted the deal before it was announced, and labor unions and environmentalists are gearing up to fight it. ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/4061064/trans-pacific-partnership-trade-deal-tpp/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/4061064/trans-pacific-partnership-trade-deal-tpp/"},"headline":"U.S. and Pacific Nations Reach Landmark Trade Deal","datePublished":"2015-10-05T12:45:39.000Z","dateModified":"2026-02-22T11:30:31.844Z","description":"The Trans-Pacific Partnership still faces a congressional fight","url":"https://time.com/4061064/trans-pacific-partnership-trade-deal-tpp/","keywords":["Economy","trans-pacific partnership"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/bltf76191747e02c9d5/698866d5cd1bba4ff96fd7eb/tpp.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Sam Frizell","jobTitle":null,"url":"https://time.com/author/sam-frizell/"}],"articleSection":"Business","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/bltf76191747e02c9d5/698866d5cd1bba4ff96fd7eb/tpp.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"Pacific trade talks near landmark deal","caption":"Pacific trade talks near landmark deal","creditText":"Kyodo—AP","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/business/","name":"Business"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/economy/","name":"Economy"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/4061064/trans-pacific-partnership-trade-deal-tpp/","name":"U.S. and Pacific Nations Reach Landmark Trade Deal"}}]}] ```