FILE - In this Oct. 2, 2015, file photo, President Barack Obama speaks during a news conference in the State Dining Room of the White House in Washington. (AP Photo/Andrew Harnik, File)
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The long-awaited text of a landmark U.S.-backed Pacific trade deal was released Thursday, revealing the details of a pact aimed at freeing up commerce in 40 percent of the world's economy but criticized for its opacity.If ratified, the Trans-Pacific Partnership (TPP) will be a legacy-defining achievement for U.S. President Barack Obama and his administration's pivot to Asia, aimed at countering China's rising economic and political influence. China has responded with its own Regional Comprehensive Economic Partnership (RCEP), a proposed 16-nation free-trade area including India that would be the world's biggest such bloc, encompassing 3.4 billion people. But TPP, which will set common standards on issues ranging from workers' rights to intellectual property protection in 12 Pacific nations, was kept largely from public scrutiny, angering transparency advocates concerned over its broad implications.
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