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Trump opposes USA rejoining Pacific trade deal

Trump opposes USA rejoining Pacific trade deal

U.S.'s participation in the Trans-Pacific Partnership is a no go-again.

"Even though Japan and South Korea want us to go back into TPP, " I don & rdquo; Trump tweeted, & rsquo; t even like the bargain for the USA.

"Too many contingencies and no way to get out if it doesn't work".

This comes after Mr Trump made a point a year ago of pulling out of TPP talks, saying he preferred an "America first" policy.

While his comments were welcomed by members of the trade bloc, ministers from countries including Japan, Australia and Malaysia said they opposed renegotiation of the deal to accommodate the U.S. should it decide to rejoin at a later date. The president has been scheduled to play with golf with Abe.

Читайте также: Commission recommends opening European Union accession talks with Albania, Macedonia

On April 12, the White House confirmed that Trump had instructed his advisers to examine whether a better TPP trade agreement could be negotiated.

Treasury Secretary Steven Mnuchin is expected to announce new investment restrictions on Chinese investments in US technology.

REPORTS suggest U.S. president Donald Trump has made an about-face on his decision not to participate in the Trans Pacific Partnership (TPP) trade agreement.

Trump's petition to have a peek at the TPP will come as he faces strain from farm-state Republicans anxious that his protectionist trade policies might stunt into a trade war with China which would damage America.

Trump and Abe sat for a private bilateral meeting Tuesday afternoon and are set for a restricted bilateral meeting and a dinner with their respective partners later this evening where they're expected to talk trade - including TPP - and denuclearization of the Korean Peninsula. He also said that the USA is "buying a lot of cars and a lot of other things from Japan". I don't think he's medically unfit to be president.

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