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Trump flirts with re-entering massive trade pact

2018-04-13 09:25:02       source:Politico

April 12, 2018


President Donald Trump mollified some of his most ardent trade critics on Thursday, opening up the door to re-engaging in a massive trade deal he campaigned against and reassuring them that a NAFTA renegotiation is on track.


After alarming free-trade Republicans with threats to levy tariffs on up to $150 billion in Chinese imports, Trump has reached a temporary truce with them. He told a group of farm-state senators, governors and House members that he directed economic adviser Larry Kudlow and U.S. Trade Representative Robert Lighthizer to examine whether re-entering the Trans-Pacific Partnership trade pact makes sense, a strong signal that he’s heard their concerns.


“He got it really loudly and clearly today from a lot of us,” said Sen. John Thune of South Dakota, a member of Republican leadership, after the meeting at the White House on Thursday. “If you want to send a message to China, the best way to do that is to start doing business with their competitors. So he was very open to it.”


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https://www.politico.com/story/2018/04/12/trump-tpp-trade-pact-519128