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October 6, 2015

United States, Pacific Rim countries reach trade deal

By PAUL WISEMAN and CHRISTOPHER S. RUGABER
AP Business Writers

WASHINGTON — The United States and 11 other Pacific Rim countries have agreed to an ambitious and contentious trade pact that cuts trade barriers, sets labor and environmental standards and protects multinational corporations' intellectual property.

The agreement on the Trans-Pacific Partnership was reached Monday after marathon negotiating sessions in Atlanta through the weekend.


 
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