Trump Now Says TPP Deal is No Good
Reversing a position he took a week ago in front of worried farm state politicians, President Trump now has rejected rejoining the Trans-Pacific Partnership because there are too many contingencies and said he will return to his original trade strategy of negotiating bilateral deals. His temporary embrace of the 11-nation trading bloc, after withdrawing from the pact just days after his Administration began, was likely little more than a puff of rhetoric related to the trade war that is brewing with China as the TPP was specifically designed by the Obama Administration as a counterweight to China’s growing economic influence ... Log in to view full article.