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PM Lee sounds warning on drop in US standing and credibility in region if TPP is not ratified

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The United States risks injuring its standing and credibility with several Asia-Pacific countries if the Trans-Pacific Partnership (TPP) trade deal is rejected by its lawmakers, Prime Minister Lee Hsien Loong said.

[SINGAPORE] The United States risks injuring its standing and credibility with several Asia-Pacific countries if the Trans-Pacific Partnership (TPP) trade deal is rejected by its lawmakers, Prime Minister Lee Hsien Loong said.

It will be a "very big setback for America" as some countries, like Japan, have gone out of their way to support the 12-nation Pacific Rim trade pact, he added.

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