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Obama, Trump and the Asia Pacific political economy
protectionist sentiment by mobilising export interests (e.g. large transnational firms), and promising to open markets abroad. 22 Market access abroad was the hegemonic response to protectionist pressure at home. The TPP, by offering to US multinationals the promise of state-of-the-art liberalisation in the global economy’s most dynamic region, did just that. Trump: From hegemony to balancing? Any analysis that extrapolates enduring foreign policy patterns from the early experience of a new administration must proceed with caution. In the case of President Trump