China-backed RCEP trade deal pushed back to 2019
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A CHINA-backed bid to complete the world's largest trade deal - without the United States - was pushed back to 2019 after Asia-Pacific trade ministers failed to agree on key terms at a meeting in Singapore.
The Regional Comprehensive Economic Partnership (RCEP), covering half the world's population, is billed as an antidote to US President Donald Trump's "America First" agenda, which has seen tariffs imposed on almost half of all Chinese imports to the US - and retaliatory levies by Beijing.
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