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Is President Trump open to rejoining TPP?

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On Thursday, President Donald Trump ordered administration officials to take another look at the Trans-Pacific Partnership, aka the TPP. According to the Washington Post, Trump gave the new orders to U.S. Trade Representative Robert E. Lighthizer and National Economic Council Director Larry Kudlow during a White House meeting with lawmakers and governors.

The President even took to Twitter Thursday evening toying with the idea of the U.S. rejoining TPP:

The 11 countries in the TPP agreement moved ahead in January after President Trump pulled out and some countries such as Japan, Canada, and Mexico may not be as friendly to letting the U.S. back in now after additional trade talks with Trump.

U.S. Sen. John Thune (R-S.D.), a member of the Senate Finance Committee and Senate Agriculture Committee, was hopeful after the meeting with President Trump.

U.S. Senator Deb Fischer (R-Neb.), a member of the Senate Agriculture Committee, echoed Thune following the meeting.

“I conveyed to him how critical it is that we work together to protect markets – domestically and internationally – for our families,” Fischer said. “I’m encouraged by the president’s desire to move forward with the sale of year-round E-15 with a RVP waiver and to reengage with TPP nations in discussions to open new markets.”

According to the USDA, the 11 countries in the TPP already take in more than 40 percent of U.S. agricultural exports, equating to $63 billion. The TPP could add an additional $3 billion.

Any views or opinions expressed in this article are those of the author and do not reflect those of AGDAILY. Comments on this article reflect the sole opinions of their writers.
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