Posted on 04/12/2018 11:29:05 AM PDT by reaganaut1
WASHINGTON—A little over a year after withdrawing the U.S. from the Trans-Pacific Partnership, President Donald Trump has asked his top economic advisers to study the possibility of re-entering the trade pact negotiations.
Mr. Trump has deputized Robert Lighthizer, the U.S. trade representative, and Larry Kudlow, the director of the National Economic Council, to study the possibility of re-entering the TPP if the terms were favorable, the president told a group of lawmakers on Thursday.
The president’s new openness toward the TPP, which he had said during his campaign was a deal “pushed by special interests who want to rape our country,” comes as he is facing criticism from farmers for his escalating trade battle with China. After Mr. Trump took aim at China with new steel and aluminum tariffs, Beijing responded by announcing it would place penalties on a list of agricultural products that would affect swaths of the president’s political base.
Mr. Trump was meeting with lawmakers from states that rely on agriculture when he made the comments about the TPP. Sen. Ben Sasse, a Nebraska Republican who was in the meeting, said he believed Mr. Trump was serious about his interest in re-entering the trade pact.
“That’s really good news for America,” Mr. Sasse said.
Everett Eissenstat, deputy director of the National Economic Council, said in London on Thursday that the U.S. would consider rejoining the TPP if it could agree on more desirable terms.
(Excerpt) Read more at wsj.com ...
Forget free trade. Let’s talk fair trade.
This is so great. Now let’s negotiate FOR America!!!
NO!!!
If, and only if, FAIR TRADE. And no freebies to others just because they are ignorant, backward, cesspools. They want to compete with the US, then do so FAIRLY and ON OUR TERMS. OUR TERMS.
You better remove all the Hidden Obama agenda first
The terms aren't going to change. And the other members of TPP have moved on and enacted the agreement with each other. So I'm not sure what the President expects to happen.
Art of the Deal.
They said...ok, the US doesn't want to play, we'll do it without him. But I think they're getting no where.
Actually they're moving ahead with it. The remaining 11 countries agreed on a new framework, which basically was the same as the original but which suspends 20 or so provisions that the U.S. had wanted, this past January. There are about seven additional countries which have expressed an interest in joining. Tariffs within the TPP countries are being adjusted. Life is going on.
As far as the U.S. rejoining TPP, I think that ship has sailed.
....”As far as the U.S. rejoining TPP, I think that ship has sailed”.....
You’re underestimating the Trump affect.....
LOL! Oh really?
The President’s vision...... “is that of a global trading system ‘free of the imbalances and unfair practices’ that now hold growth back, not just in the US but around the world,”
The rest of the TPP members apparently have decided they can get along without the President's vision.
As long as the conditions neuter the ability of the WTO or any other globalist body to impose rules on us, I’m cool.
No doubt that China’s changes this week on trade could be the tit for tat that Trump would reconsider.....don’t forget ‘leverage’ is in play by all parties to get to a favorable fair trade end...not a trade war.
China isn't part of TPP.
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