April 21, 2018

Trump asks United States trade officials to look into joining Trans-Pacific Partnership

13 April 2018, 01:46 | Marta Robbins

Tethered to a Raging Buffoon Called Trump

Japan minister: Good to have US back in TPP but path of return tough (VIDEO)

Roberts says it would be "good news all throughout farm country".

A week after escalating trade tensions with his threat to impose tariffs on an additional $100 billion in Chinese products, Trump said Thursday the two countries ultimately may end up levying no new tariffs on each other. It would be aimed at opening US farmers to more overseas markets.

In a CNBC interview in January, Trump said, "I would do TPP if we were able to make a substantially better deal".

A year later while speaking at the World Economic Forum in Davos, Switzerland, Trump expressed interest in renegotiating the TPP or coming to individual deals with the various countries involved in the trade partnership.

Trump is seeking to reassure the lawmakers on proposed China tariffs.

The Nebraska Senator cautioned however that "The president is a guy who likes to blue-sky a lot and entertain a lot of different ideas, but he multiple times reaffirmed the point that TPP might be easier for us to join now".

The president has mused publicly about rejoining the deal before, suggesting he would re-enter if he could negotiate more favorable terms.

Japan minister: Good to have US back in TPP but path of return tough (VIDEO)
President Trump to Look at Re-Entering Trans-Pacific Partnership

The U.S. International Trade Commission, an independent federal agency, has projected in 2016 that TPP would increase economic growth and create jobs, but the gains would be small: After 15 years, the deal would add just 128,000 jobs, an increase of less than a tenth of 1 percent.

The president says China has consistently treated US agriculture unfairly and his administration is "changing things with respect to trade".

The White House meeting was aimed at appealing to the Midwest lawmakers at a time of high anxiety because of the China trade dispute.

Reuters reported that Trump talked of lifting the summertime ban on E15, which is limited due to concerns about smog. Critics of the President's decision to pull the U.S. from the deal have argued that the United States would have more leverage in a trade dispute with China if the USA had remained in the Trans-Pacific Partnership.

But in recent months - even as he has erected tariffs on steel and aluminum imports and against China - the President has also begun to signal a willingness to reassess his stance on the Trans-Pacific Partnership. The Asian nation said listed USA soybeans and pork among its prime targets for proposed retaliatory duties.

The U.S. and China are in the early stages of what could be the biggest trade battle in more than a half century. Some signatories, however, agreed to rework it without the United States and it re-emerged this January under the name, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Accused Florida school shooter wants to donate his inheritance to survivors
McNeill told the court that Cruz's mother may have also left an annuity behind, but its worth remains up in the air. Cruz's lawyers had said there may be more available and promised to research exactly how much.

Other News

Trending Now

Fossil Human Finger from Saudi Desert is 90000 Years Old
Though measuring no more than 3cm, the finger bone has big implications for our understanding of early human history. The earliest human fossils in the Levant date to 177,000 years ago from a fossil in Misliya Cave in Israel .

Hungary inflation edges up to 2.0% in March
The U.S. central bank raised borrowing costs last month and forecast at least two more rate hikes in 2018. On a month-on-month basis, the CPI declined 1.1 per cent, from a 1.2 per cent rise in February.

Wrestlemania 2018: The Undertaker responds befittingly to John Cena's challenge
You may not see him, but John Cena is already among the people as a fan, and he looks pretty happy to be there. After months of being called out, The Undertaker returned to WWE to challenge John Cena at Wrestlemania .

Federal Bureau of Investigation raids offices of Donald Trump's lawyer
"It resulted in the unnecessary seizure of protected attorney-client communications between a lawyer and his clients", Ryan said. The person spoke on condition of anonymity because the person was not authorized to discuss the investigation.

Kim makes official mention of US-North Korea talks
That means it wants to see "complete, verifiable, and irreversible" denuclearization - a very high bar. Before that, Washington had relied mostly on South Korea's assurances of Kim's intentions.

Chelsea legend Marcel Desailly urges membership to stick with Antonio Conte
A number of Premier League clubs are believed to be closely monitoring developments surrounding the three-time England worldwide . Marcel Desailly is working with UEFA Europa League confederate Enterprise Lease-A-Vehicle on their Backseat Pundit opponents.

Pedro Martinez Weighs In On Red Sox-Yankees Brawl On Twitter
Red Sox relief pitcher Joe Kelly , left, knocks down NY s Tyler Austin as they fight during the seventh inning. Austin charged the mound after he slammed down his bat and after Kelly waved to him to come fight.

Royal wedding guest list: No Trumps, Obamas or other politicians
Others will include members of the couple's charities, local schoolkids and members of the Royal Household and Crown Estate. He also works to raise awareness for the deaf community's needs to access to public services.

Youtube and Vevo Fell to Online Security Breaches
According to the Independent , a hacker identifying as Kuroi'sh hacked into Twitter accounts run by news organizations last week. These videos were unchanged, but their titles were edited to contain the names "Prosox" and "Kuroi'sh", and the word "hacked".

EPA confirms existence of emails about pay raises
One of Pruitt's "dumbest" costs to taxpayers, Oliver joked, was a$2,460 fix at his apartment when Pruitt was found unresponsive. The agency's ethics officials searched for rates on Airbnb and Zillow and found that the rate of $50 a night was market value.