Countries agree on Pacific trade pact that excludes U.S.

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Nations agree on trade pact that excludes the USTop trade officials from the 11 remaining members of the Trans-Pacific Partnership have agreed on a bare-bones plan to bring the pact into force without the United States, according to a joint statement provided to POLITICO by the Chilean government.

The move came one day after President Donald Trump sharply criticized large multilateral trade deals during his keynote speech at the annual APEC leaders summit here.

"Ministers are pleased to announce that they have agreed on the core elements of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)," the statement said.

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