Sunday, 22 July, 2018

Japan's Aso Says He Would Welcome US Taking Fresh Look At TPP

Trump to explore entering Pacific trade pact he once called 'a disaster' Is Trump Serious About Rejoining TPP?
Kim Reese | 13 April, 2018, 06:59

Lawmakers later Thursday are scheduled to meet with President Donald Trump to talk about trade.

"Senator Ben Sasse, a Republican who represents Nebraska and has been sharply critical of the tariffs, said it was "good news" that the president directed top staff, including US Trade Representative Robert Lighthizer, to negotiate US entry into TPP".

Who knows if this was merely another please-the-crowd attempt that will vanish like a tweet. Trump then told Lighthizer and Kudlow to "take a look at getting us back into that agreement, on our terms of course", Sen.

If TPP would be enacted, the USA would lose 448,000 jobs, according to a study from Tufts University's Global and Environment Institute.

TPP opponents, however, were quick to warn Trump risked of backsliding on a central tenet of the economic nationalism which helped sweep him to power.

Contrary to Trump's caricature, the TPP was cannily concocted to create a counterweight to rising Chinese economic influence in the region.

The Washington Post reported that Trump had made the sudden decision to reconsider TPP during a meeting with legislators and state governors on trade.

Last month, the remaining 11 countries signed a deal without the U.S.

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.

Georgian PM congratulates Ilham Aliyev on re-election as Azerbaijani president
Head of Yasamal District Executive Authority Aziz Azizov briefed the president on the carried out work. In conclusion, the Head of State wished the fraternal people of Azerbaijan peace and prosperity.

"We should be leading the TPP discussions".

Trump's request comes as he faces pressure from farm-state Republicans anxious that his protectionist trade policies could spiral into a trade war with China that would hit rural America.

Xi pledged a "new phase of opening up" Tuesday in a keynote address to the Boao Forum for Asia.

Trump has been highly critical of the 2016 trade deal, especially when he was a presidential candidate.

Trump clearly regarded the remarks as conciliatory, and said again Thursday that it was a "good speech". "Also, his enlightenment on intellectual property and technology transfers".

Trump met with them around meetings about his expected response to a chemical weapons attack in Syria, Sasse said.

The administration is also considering the possibility of the federal government aiding farmers harmed by retaliatory tariffs from China, according to lawmakers on Capitol Hill and advocacy groups. The U.S. has accused China of unfairly subsidizing targeted sectors and forcing foreign companies to transfer technology in areas like robotics, aerospace and artificial intelligence.

An agreement could be completed within a few weeks or five months, he said, adding "I don't care".

"It won't be good enough for the government to say the entry of the USA is hypothetical or that it can't show its hand ahead of such negotiations".

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