m3n4.net
m3n4.net April 24, 2018


In meeting with Iowans et al., Trump says he may revive TPP

13 April 2018, 02:27 | Tara Lloyd

Lawmakers say Trump will look into rejoining talks on the Trans Pacific Partnership

Lawmakers say Trump will look into rejoining talks on the Trans Pacific Partnership

Ben Sasse of Nebraska, an occasional Trump critic, applauded the president's willingness to reconsider his order to remove America from the TPP.

Trump's instructions come at a time when he is engaged in a roiling trade dispute with China and is pushing to renegotiate the North American Free Trade Agreement with Canada and Mexico, who are also parties to the TPP. The agreement is meant to establish freer trade in the Asia-Pacific region and put pressure on China to open its markets to compete with and perhaps eventually join the bloc.

His most hawkish trade advisers, who now dominate his cabinet after high-level departures, have expressed a strong preference for negotiating bilateral agreements, which they say play to U.S. advantages.

The US president said: "Larry, go get it done", while instructing the official, Sasse told reporters.

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Best rethink this. Before you know it, he'll have us back in the Paris climate change treaty. The president seemed to slow the timeline for any US strikes on the country after signaling earlier this week that an attack was imminent.

The president has previously slammed the deal as a potential "disaster".

Withdrawing from the deal was one of Mr Trump's first acts as president, delivering one of his core campaign promises.

Trump first disclosed his request Thursday to a group of lawmakers at a White House meeting on trade.

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During a February news conference with Australian Prime Minister Malcolm Turnbull, Trump raised the possibility of rejoining TPP if the negotiators offered more favourable terms.

An agreement could be completed within a few weeks or five months, he said, adding "I don't care". "The deal was bad", Trump told CNBC at the time. Sen Ron Johnson, R-Wis., was among a handful of senators who recently visited China to meet with government and business leaders there. Exports would increase, but imports would increase more. They have been pressing Trump to back down from his trade spat with China, which has threatened to raise tariffs on United States agricultural products. His Democratic rival, Hillary Clinton, also said she did not plan on ratifying the deal, even after she had a role in its formation during her time as President Barack Obama's Secretary of State.

Ricketts wrote on Twitter that it was a "great working meeting" with Trump on agriculture, ethanol and trade issues. So now the White House is floating this to see how angry conservatives might get. "President Trump is confronting this behavior that's been unfair to American workers".

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