As the US walks away from the Trans-Pacific Partnership agreement, the trade treaty the U.S. negotiated with many countries on the shores of the Pacific (Japan, Korea, Thailand, Australia, etc), Australia—usually one of our closest allies—has announced that it wants to move forward with the treaty, with or without the US. If the treaty is signed and ratified without the US, it will be much harder for our companies to export to Asia, as our competitors will, through that treaty, have a much easier time getting access to foreign markets.Additionally, our companies will not be able to import vital natural resources we don't have enough of at home, but competing businesses in other countries will, allowing them to lower their prices and out-compete us. Some of our companies may be forced to move more factories overseas to get access to those cheaper, tariff-free natural resources and components that they need in order to make their products.Australia is taking this step because it recog...