There is "no appetite" among the Trans-Pacific Partnership signatories for major renegotiations to accommodate the US, Australia said today after President Donald Trump indicated he was considering rejoining the pact.
Trump said on Thursday the US could re-enter the TPP if it could get a "better" deal, a major U-turn after leaving the Pacific trade pact last year and calling it a jobs killer.
"But what I am saying is I can't see us unpicking all the stitching that brought this deal together to accommodate the US at this point." Eleven Asia-Pacific nations signed a slimmed-down version of the trade agreement, now known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), in March.
The 11 states form a market of 500 million people.
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