WELLINGTON/TOKYO (Reuters) - Australia and New Zealand said on Tuesday they hope to salvage the Trans-Pacific Partnership (TPP) by encouraging China and other Asian nations to join the trade pact after U.S. President Donald Trump kept his promise to pull out of the accord. The TPP, which the United States had signed but not ratified, was a pillar of former U.S. President Barack Obama's pivot to Asia.
Trump formally withdraws the United States from the Trans-Pacific Partnership trade deal, distancing America from Asian allies as China's influence in the region rises. Mexican President Enrique Pena Nieto says his country will aim to keep tariff-free commerce with North American Free Trade Agreement partners Canada and the United States in its talks with the Trump administration. Canada has a "very special status" and is unlikely to be hit hard by changes the United States wants to make to the NAFTA trade accord, the head of a business advisory council to Trump says.