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Trump Signals Possible Return to TPP

Monday, February 5, 2018

(North American Meat Institute)

Addressing the World Economic Forum in Davos, Switzerland last week President Donald Trump signaled he may be willing to reconsider the U.S.'s position in the Trans Pacific Partnership (TPP). Specifically, Trump said he would be willing to negotiate beneficial bilateral and multi-lateral trade agreements with countries in the Asia-Pacific pact. The president indicated he would consider returning to TPP if the U.S. could negotiate a "substantially better deal."

The 11 remaining member countries of TPP reached a deal January 23, which is scheduled to be signed March 8 in Chile. The new pact, called the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP), includes Canada, Japan, Australia, Mexico, Vietnam, Malaysia, Chile, Peru, Singapore, Brunei and New Zealand.

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