On November 15, 2020, the Regional Comprehensive Economic Partnership (RCEP) was signed by China and 14 other nations — the 10 countries of the Association of Southeast Asian Nations (Brunei*, Cambodia, Indonesia, Laos, Malaysia*, Myanmar, Philippines, Singapore*, Thailand and Vietnam*) plus Australia*, China, Japan*, New Zealand* and South Korea. Many of the products for which tariffs are eliminated are already duty-free. [Countries with an * are also signatories to the CPTPP] RCEP was originally proposed…