Trans-Pacific Partnership Trade Deal Reached05:19
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Trade representatives attend a press conference for the Trans-Pacific Partnership (TPP), a pan-Pacific trade agreement by trade ministers from 12 nations in Sydney on October 27, 2014. The TPP, which would encompass 40 percent of the global economy and include 12 nations, just struck a deal today. (Peter Parks/AFP/Getty Images)
Trade representatives attend a press conference for the Trans-Pacific Partnership (TPP), a pan-Pacific trade agreement by trade ministers from 12 nations in Sydney on October 27, 2014. The TPP, which would encompass 40 percent of the global economy and include 12 nations, just struck a deal today. (Peter Parks/AFP/Getty Images)
This article is more than 4 years old.

The U.S. and 11 other countries agreed on a historic trade agreement that would bring together 40 percent of the world's economy.

The Trans-Pacific Partnership comes after eight years of negotiations, and could be a defining moment for the Obama administration. Congress has 90 days to review the deal before voting on it.

Here & Now's Jeremy Hobson speaks with Ali Veshi, host of “Ali Velshi on Target” on Al Jazeera America, on what this monumental agreement could mean for the U.S. and the global trading market.

Guest

This segment aired on October 5, 2015.

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