When the Trans-Pacific Partnership agreement was signed in October 2015, countries in the Latin American region, particularly Mexico, Peru and Chile, immediately found their investment opportunities in Vietnam and vice versa. However, the Trans-Pacific Partnership post a different threat for Latin America in terms of multinational investors from the U.S.

According to the Truth Out, the trade talks between multinational investors might eventually put the language barrier as one that will slow down the development. While German economist Friedrich List also believes that the TPP is not at all for the benefit of the Latin American region, he also has some different thoughts about why it won't work.

In his statement, he said, "It is a very common clever device that when anyone has attained the summit of greatness, he kicks away the ladder by which he has climbed up, in order to deprive others of the means of climbing up after him."

He arguably said that the motive is clear and that these developed countries' interest to extend their trade with these undeveloped countries is fraudulent, in a way that they want to easily acquire dominance through the Trans-Pacific Partnership. Citing Britain and the U.S., both countries only adapted these free-trade policies after they were able to make it on their own, thanks to the help of technological advancement.

The U.S.' eagerness to enter the free trade policies such as the Trans-Pacific Partnership is said to be a straight brush down of what the country went through over the century. Democratic presidential candidate Hilary Clinton has not been shy about expressing her disapproval on the said policy, whereas President Barack Obama defended the decision to enter such open trade policies.

President Obama said in his statement, "Ninety-five percent of the world's consumers live outside our borders. They want to buy American products. They want our cars, our music, and our food. And if American businesses can sell more of their products in those markets, they can expand and support good jobs here at home."

The Trans-Pacific Partnership is participated by 12 countries mainly the U.S., Australia, Japan, Chile, Peru, Brunei, New Zealand, Singapore, Malaysia, Vietnam, Canada and Mexico. The policy provides several economic expansions through a free-trade agreement that also includes tax breaks on investors as well as negotiations on the part of intellectual property, agriculture and investments. The Trans-Pacific Partnership has also been largely criticized by protesters because of its secretive policies.