Trump Told Advisers to See About Re-Entering TPP: Senators - NBC New York
President Donald Trump

President Donald Trump

The latest news on President Donald Trump's presidency

Trump Told Advisers to See About Re-Entering TPP: Senators

    processing...

    NEWSLETTERS

    Trump Told Advisers to See About Re-Entering TPP: Senators
    Bryan R. Smith/AFP/Getty Images, File
    This March 8, 2018, file photo shows Larry Kudlow in New York.

    President Donald Trump told two of his top economic advisers to look at the possibility of re-entering a massive Pacific trade deal, two Republican senators said Thursday.

    As CNBC reported, the president said he has instructed chief economic adviser Larry Kudlow and U.S. trade representative Robert Lighthizer to consider rejoining the Trans-Pacific Partnership, said Sens. Pat Roberts, R-Kan., and Ben Sasse, R-Neb. The senators were among the lawmakers from agricultural states who met with Trump on Thursday about the White House's proposed tariffs on China, which farmers worry would lead to retaliation that hurts their businesses. 

    Following the meeting, Sasse told reporters the 12-nation trade deal agreed to by President Barack Obama and abandoned by Trump would be the "single best way" to counter alleged Chinese trade abuses. Trump has used the threat of tariffs to punish Beijing for alleged intellectual property theft.

    Still, it may be too late for the U.S. to become part of the TPP again. In March, the 11 remaining nations signed a trade agreement called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. It has not yet been ratified by enough countries to take effect.

    Trump: 'Nobody Has Ever Been More Transparent Than I Have'

    [NATL] Trump: 'Nobody Has Ever Been More Transparent Than I Have'

    President Donald Trump continued to decry the Russia investigation as a “hoax” Wednesday, and said his team has fully cooperated with Mueller’s investigators. “Nobody has ever been more transparent than I have,” Trump claimed during a joint press conference on trade and North Korea with Japan’s Prime Minister Shinzo Abe Wednesday. Trump also said months of speculation that he would fire special counsel Robert Mueller and Deputy Attorney General Rod Rosenstein had proven wrong.

    (Published Wednesday, April 18, 2018)