Trump’s Withdrawal From Asia Trade Deal Viewed as Boon for China

Shoppers walk past lanterns displayed at an ornament market in the Yuyuan district ahead of the Lunar New Year in Shanghai, China, on Jan. 22, 2017. President Donald Trump’s formal withdrawal from a long-planned trade deal with Pacific Rim nations creates a political and economic vacuum that China is eager to fill, offering a boost for beleaguered U.S. manufacturing regions while damaging American prestige in Asia.