The US and China are now both larger than the EU economy. The RCEP isn't an internal market. In its ideal outcome it's a partial trade agreement, not all-inclu

The US and China are now both larger than the EU economy. The RCEP isn't an internal market. In its ideal outcome it's a partial trade agreement, not all-inclusive. In its present condition, given relations between its members keeps getting worse, it's barely a functioning trade agreement at all. The odds are overwhelming it'll rip apart, and soon. See: China vs Australia & Co.