President Obama, speaking at the Asia-Pacific Economic Cooperation (APEC) summit on Sunday, said leaders from the region want to move forward with the Trans-Pacific Partnership (TPP) trade deal.

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"Our partners made clear they want to move forward with TPP," Obama said at a press conference in Peru.

"They would like to move forward with the United States."

But the 12-country trade deal faces an uncertain future in the United States, given that President-elect Donald Trump Donald John TrumpREAD: Cohen testimony alleges Trump knew Stone talked with WikiLeaks about DNC emails Trump urges North Korea to denuclearize ahead of summit Venezuela's Maduro says he fears 'bad' people around Trump MORE campaigned strongly against it.

He’s called it a "terrible deal" and says it would hurt the U.S. economy by moving American jobs to countries with cheaper labor.