'GO GET IT DONE:' Trump To Take Another Look At TPP

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

Trump earlier this year opened the door to reentering the trade deal if the terms were more favorable for the United States.

"In a series of broken promises President Trump made to the working people of this country, rejoining the job-killing Trans-Pacific Partnership would be the biggest yet". "We all understand and he understands that the consequences of a trade war would be potentially harmful, particularly to farmers and ranchers".

"We have to make some further decisions", Trump told reporters.

Speaking after a trade meeting with Trump, Republican senators said the president told White House National Economic Council Director Larry Kudlow and U.S. Trade Representative Robert LighthizerRobert (Bob) Emmet LighthizerMcConnell urges GOP senators to call Trump about tariffs Companies brace for trade war MORE to look into joining the deal, which 11 other Pacific Rim nations signed in March.

Withdrawing from the TPP was one of the cornerstones of Trump's presidential campaign.

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"The one thing that he did say that I was very impressed with, he has assigned Larry Kudlow and Bob Lighthizer the task to see if we couldn't take another look at TPP and thats certainly would be good news all throughout farm country", said Sen. China imported $14 billion worth of soybeans from the USA previous year. Ben Sasse, R-Neb., said after the meeting. Only two months ago he said the TPP was "bad" for the United States, reiterating his support for bilateral deals instead of multilateral deals.

"As I have said, the United States is prepared to negotiate mutually beneficial, bilateral trade agreements with all countries", he said. Tariffs placed on USA automotive imports to China don't match the lesser tariffs placed on Chinese imports to the U.S. He said that's shifting work to competitors outside the US, including in Canada and Mexico because they now enjoy a big edge on material costs.

During the exchange, Trump suggested the possibility of directing the Environmental Protection Agency to allow year-round sales of renewable fuel with blends of 15 per cent ethanol. "The president heard unified voices that we need more trade, not less". The Trump Administration is still providing multi-billion dollar federal contracts to some of the largest outsourcers in America.

Daines added that NAFTA negotiations are proceeding well. Trump's rejection of the deal has rattled allies and raised questions at home about whether protectionism will impede US economic growth.

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