Mr. Trump, who has demanded that any such deal benefit the United States, is unlikely to rejoin the Trans-Pacific Partnership without further concessions for what he has criticized as a bad agreement.
He adds, though, that it would be hard to renegotiate only parts of it, describing the agreement as delicate.
President Donald Trump on Thursday ordered his top economic and trade advisers to look into rejoining the Pacific Rim trade pact that he abandoned past year three days after taking power.
In a surprising reversal, President Trump told a gathering of farm state lawmakers and governors Thursday morning that he is directing his advisers to look into rejoining the trade deal known as the Trans-Pacific Partnership, a deal he pulled out of within days of assuming the presidency.
Earlier this year, the remaining 11 TPP nations, including Japan and Canada, announced they struck an alternative agreement without the US. Japan was among the 11 other countries that signed it last month without the U.S. It would be aimed at opening US farmers to more overseas markets.
President Trump, who held the White House meeting aimed at easing the high anxiety of Midwest lawmakers as a result of the China trade dispute, has previously not ruled out rejoining the TPP.
Kansas Sen. Pat Roberts says Trump wants "to see if we couldn't take another look at TPP". Now, suddenly, the president that has railed against trade pacts featuring the US and more than one other partner is considering joining TPP.
The president says China has consistently treated USA agriculture unfairly and his administration is "changing things with respect to trade".
Director of National Government Relations Robert White says it could help alleviate some of the financial pain farmers are feeling as a result of back-and-forth tariffs with China.
Singaporean Prime Minister Lee Hsien Loong similarly told the US Chamber of Commerce in August 2016 that the ratification of the TPP would be "a litmus test of your credibility", adding that the nation will be better off with its "doors open" to trade. Ben Sasse of Nebraska, who has been a sometimes-Trump critic, applauded the president's willingness to reconsider his order to remove America from the trade alliance.
Exporters, such as farmers, have said they are now concerned that the United States will be at a disadvantage to competitors in the region. Now, with US influence erased from its design, Trump dreams of resetting the terms in our favor.
Kennedy is appearing before the House Ways and Means Committee, which is examining the impact of tariffs.
When China answered those aluminum and steel tariffs with huge tariffs on farm products like pork, soybeans and corn, growers felt a sting of betrayal.
At his Senate confirmation hearing for the post of Trump's next secretary of state, Central Intelligence Agency director Mike Pompeo was asked about reports that Trump planned to re-engage on TPP and replied: "That news was news to me".
The 2018 baseball season is not even two weeks old, but it appears Chicago White Sox fans are already disinterested. Jose Abreu hit a three-run homer off Rays closer Alex Colome , capping a four-run rally in the ninth.
Milwaukee starter Zach Davies allowed a run through six frames before Jacob Barnes allowed four 9th inning runs for a BS and loss. Stanton is still looking for his stroke - the NL MVP is hitting.167 with 20 strikeouts in 42 at-bats in his first year with NY .
She finished sixth at the 2006 Commonwealth Games in the javelin, before coming fifth in 2010 and fourth in 2014. Shreyasi Singh won the women's double trap gold, edging out Australia's Emma Cox in a shoot-off.
Last year, a Volvo XC90 from Uber was hit by the driver of another vehicle. "If this goes on, you'll simply have gridlock". Khosrowshahi was in Washington, D.C.to discuss the company's commitment to expanding ride services in congested cities.
There will be only so much the Jones County Junior College Bobcats can do for spring football practice this season. Winning the senior girls' AAA high school basketball championship for the third time ever for R.D.
Twitter users quickly flocked to the social media site to discuss Blair's potential involvement in the rumored affair. The beauty mogul posted a picture of herself with Kourtney in their bikinis lying on a couch under the sun.
Ambulances park near two parts of the Algerian military plane after it crashed in Boufarik, near the Algerian capital, Algiers . A military plane, carrying 200 passengers onboard, crashed Wednesday in Boufarik, a town in Blida Province, Algeria.
The emir did not accept the characterization that his country had just become an ally in the fight on terrorism. Saudi and Emirati officials have accused Thani's government of cosying up to Iran and funding militant groups.
The other game sees Barcelona travel to Rome with just as impressive first-leg lead after a 4-1 win in Catalunya. After Salah's opener, however, Klopp's side started to go through the gears, making the game their own.
Apple Music reportedly has 40M paying subscribers
Apple resisted the subscription-music model for years as its iTunes service dominated sales of digitally downloaded music. That's up from the 38 million that Apple exec Eddy Cue disclosed at the South by Southwest tech conference last month.
CSK's home matches moved out of Chennai
But according to IPL sources, Visakhapatnam is front-runner from among alternate venues, with Pune and Rajkot being the others. In the fifth match of the Indian Premier League, Chennai Super Kings defeated Kolkata by 5 wickets on their home turf.
CBO forecasts the return of trillion-dollar deficits
The report said the debt burden would approach 100 percent of the GDP by 2028, the highest level since just after World War II. The CBO expects real GDP to grow 1.8 percent in 2020, continuing at an average annual rate of 1.7 percent from 2020-2026.
Stocks jump as China's president eases trade fight fears
China hit back with its own threatened tariffs on United States imports including soybeans, planes, cars, whisky and chemicals. Trade Representative's office, which in August 2017 initiated an unfounded investigation under the Section 301 of the U.S.
Formula One: Vettel fends off Bottas to Bahrain win
To save his seat from Ricciardo or Esteban Ocon, Bottas will definitely need to do more, if not repeat performances like Bahrain . Frenchman Pierre Gasly converted Honda-powered Toro Rosso's strong qualifying placing into a dream result by finishing fourth.
Trump Tower fire claims the life of Harrison native
Six firefighters suffered injuries that are not life threatening, Conroy was quoted as saying by the channel. Fire sprinklers were not required in New York City high-rises when Trump Tower was completed in 1983.