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Friday, April 20, 2018

What Trump Wants To Get Back Into TPP

Usually reliable sources say President Donald Trump wants the 10 members of the revised Trans-Pacific Partnership (CPTPP) to commit to bilateral trade agreement talks with the United States, in return for the U.S. coming back to the Asia-Pacific trade accord.That could allow a "win-win" for all parties concerned, according to the White House. Last week, Trump dispatched White House National Economic Council Director Larry Kudlow and U.S. Trade Representative Robert Lighthizer to begin work on a potential U.S. re-entry into TPP. But his later tweets indicated he may be backpedaling on the issue. However, USDA Secretary Sonny Perdue still is touting the fact Trump asked Kudlow and Lighthizer to look into the matter.