TPP members opposed to adjustments to include US

14 April, 2018, 22:18 | Author: Charlene Valdez
  • Japan minister: Good to have US back in TPP but path of return tough (VIDEO)

Following a gathering with the president on agriculture and commerce Thursday, Republican lawmakers mentioned the president dedicated to deputizing Nationwide Financial Council Director Larry Kudlow and U.S. Commerce Consultant Robert Lighthizer to "take a re-assessment" at the opportunity of re-entering TPP, a commerce deal comprised of a dozen nations, together with Australia, Canada, Mexico and Japan, that was struck below President Obama.

Rejoining the pact could be a complex task.

UK Prime Minister Theresa May said in a statement that she "authorized British armed forces to conduct coordinated and targeted strikes to degrade the Syrian Regime's chemical weapons capability and deter their use".

KING: Do you think those 11 countries are going to welcome the US back with open arms?

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"Would only join TPP if the deal were substantially better than the deal offered to Pres. Obama", the president tweeted. Ron Johnson, R-Wis., was among a handful of senators who recently visited China to meet with government and business leaders there. Still, negotiations with a group of longtime trading partners could hold appeal at a time of increasing tensions with China.

A plurality of Democrats have indicated that President Donald Trump-not his predecessor Barack Obama-is responsible for the current state of the country's economy, a tonal shift from earlier this year when top members of the party argued the economic conditions were still due to former President Barack Obama.

It was also supposed to include the USA, but President Trump said it would hurt American workers and he withdrew this country from the pact.

Trump's decision to reconsider the deal comes as the White House tries to find ways to protect the agriculture sector, which could be badly damaged by the president's trade approach. It's possible to be a free trader and still believe that a particular deal should be rejected. He also said there were "no reports of losses" on the part of the USA and its allies.

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Today, President Trump is announcing that the Administration has finalized technical requirements to allow the export of US pork to Argentina for the first time since 1992.

But the uncertainty over the tariffs has already seeped into the agricultural industry, forcing farmers to reduce their expenses, Guernsey said. "This whole trade thing has exploded", Mr Kudlow said.

But such a program would be time-consuming and costly and would come as the budget deficit continues to increase. Tighter trade links between the USA and other Asian nations could give Trump a better hand in the brewing trade fight with China. Many American agriculturalists maintain that the easiest way to help them is to avoid a trade war with China in the first place.

"Our farmers and ranchers are struggling, so we need to be really careful here that we open up markets", Sen. Ben Sasse of Nebraska told reporters Thursday after meeting with Trump at the White House.

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Information for this article was contributed by Ken Thomas, Kevin Freking, Catherine Lucey, Jill Colvin, Paul Wiseman, Matthew Daly and James MacPherson of The Associated Press and by Erica Werner, Seung Min Kim and Damian Paletta of Bloomberg News.



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