Mammoth Asia trade deal seen as little threat to US companies, for now

"It seems ironic that China is now in a similar deal and we're out again," Doug Barry, a spokesperson for the US-China Business Council, said in an interview. "Given that the region will be an engine of future world growth, sitting on the sidelines is not a good place to be. It's hard to wield influence if you don't have a seat at the larger table."