Trump Considers Reopening Door to Trans-Pacific Partnership

Trump to take another look at TPP 'disaster'

Trump to take another look at TPP 'disaster'

Japan, Australia and New Zealand reacted cautiously Friday after President Donald Trump signaled he might reopen talks on a Pacific Rim trade deal that he pulled the USA out of shortly after taking office.

Joe Dunford said the three countries called on warships and piloted aircraft to hit the sites linked to Syria's chemical weapons program.

Trump on Thursday night said on Twitter that the United States would "only join TPP if the deal were substantially better than the deal offered to Pres. Obama".

The decision to strike, after days of deliberations, marked Trump's second order to attack Syria.

Preparations for a summit between U.S. President Donald Trump and North Korean leader Kim Jong-un are tightly held but have been under way for weeks, a senior U.S. government official said Friday.

"As I've been saying for a decade now: The way to economically box out China in a competitive way is to enter into free trade agreements with its neighbors, and that's what TPP would have done", he said.

Politicians, including some from his own party, are anxious that he is leading the USA into a damaging economic battle with China, after levying tariffs on steel and aluminium and threatening taxes on billions more in Chinese goods.

New Zealand is aiming to ratify the deal by the end of the year.

When President Trump announced the United States' withdrawal from TPP, AFBF President Zippy Duvall encouraged the White House to continue to expand export opportunities for farmers and ranchers. Get ready Russian Federation, because they will be coming, nice and new and 'smart!' You shouldn't be partners with a Gas Killing Animal who kills his people and enjoys it!

"These higher, value-added products provide high-paying jobs and therefore are more beneficial to the local economies", US Commerce Secretary Wilbur Ross said. She says mixed signals from the administration could cause problems. Asian stocks climbed as equities in Japan and Australia advanced.

Trump withdrew the United States from the TPP during his first week in office. In 2016, then President Barack Obama's administration abandoned attempts to push the pact through Congress.

US Senator Ben Sasse, a Nebraska Republican who participated in a meeting with Trump on Thursday where he spoke about rejoining the deal, said: "He multiple times reaffirmed the point that TPP might be easier to join now". AFL-CIO President Richard Trumka, head of the main trade union group, said on Twitter that TPP "was killed because it failed America's workers and it should remain dead".

The president said the U.S.is "prepared to sustain this response until the Syrian regime stops its use of prohibited chemical agents".

A senior administration official said "what you've seen tonight is not the end of the United States response".

The 11 remaining nations represent 13% of global output and include Japan and Canada.

Exporters, such as farmers, have said they are now concerned that the U.S. will be at a disadvantage to competitors in the region.

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