Published: Fri, April 13, 2018
Global Media | By Jackie Banks

White House considers re-joining Pacific trade pact

White House considers re-joining Pacific trade pact

Thursday's decision on the trade pact, which was negotiated under former president Barack Obama, was a further sign Trump's positions may not be as tough as his rhetoric. "Just a continuing rape of our country". It showed again how willing he is to change his mind, even when doing so would betray his core beliefs and political base. Trump's presidency, which began less than a year later, complicated that.

"It is good news that today the President directed Larry Kudlow and Ambassador Lighthizer to negotiate USA entry into TPP", said Republican Senator Ben Sasse in a statement after a meeting with Trump on Thursday, Xinhua news agency reported. Earlier this month, in a bid to punish Beijing for stealing American intellectual property, Trump announced plans to impose tariffs on a long list of Chinese imports. He pulled the U.S. out of the Pacific trade deal in January past year, one of his first moves as president.

Nebraska Sen. Ben Sasse says Trump said during a White House meeting with Midwest governors and lawmakers that he had "deputized" US trade representative Robert Lighthizer and economic adviser Larry Kudlow to look into the USA rejoining the TPP.

Republican lawmakers are encouraging Trump to reconsider TPP.

He and fellow-GOP Sen. The move could hurt Midwestern farmers, many of whom are strong supporters of the president.

"Last year, the President kept his promise to end the TPP deal. because it was unfair to American workers and farmers", Deputy White House Press Secretary Lindsay Walters said in a statement.

Sasse was also upbeat but counseled that Trump often "likes to blue-sky a lot" in such meetings.

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He said he would consider it if it was a "good deal" for his country. We need to be engaged.

Exporters, such as farmers, have said they are now concerned that the USA will be at a disadvantage to competitors in the region. "They want a reduction in both tariff and non-tariff barriers".

Trump had remained sharply critical of the pact and said that he would instead negotiate trade agreements one on one, a tactic he says gives the United States better leverage over its trading partners.

"The best thing the United States can do to push back against Chinese cheating now is to lead the other eleven Pacific nations that believe in free trade and the rule of law". "A USA -alone action. that's not going to solve the real problems that we have".

Richard Trumka, head of the AFL-CIO, the largest federation of United States trade unions, said on Twitter that the TPP would have failed America's workers and "should remain dead". The president seemed to slow the timeline for any USA strike after earlier this week signaling an attack was imminent.

And while President Xi Jinping hinted that he may be willing to concede of some of Trump's demands, US farmers remain on edge over worries of potential tariffs on American agricultural imports.

"If it's true, I would welcome it", he told reporters after a cabinet meeting.

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