IIRC one of the things that the TPP was supposed to do was "harmonize" (read: ram the US idea of down the throats of everyone else) software patents and other relevant aspects of IP law that were near and dear to major US companies.

Since TPP is dead, the IP-dependent industries may start looking for a new venue, as they appear to have been putting a lot of eggs in that particular basket. But there may be a short-term reprieve for countries not currently toeing the US party line.