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Trump hints at rejoining Trans Pacific Partnership

Press Trust of India  |  Washington 

has asked his top to study the possibility of rejoining the multi-nation (TPP), a trade pact out the US days after assuming presidency.

"Last year, the kept his promise to end the TPP deal negotiated by the because it was unfair to American workers and farmers. The has consistently said he would be open to a substantially better deal, including in his speech in earlier this year," said.

"To that end, he has asked (US Trade Representative) Amb (Robert) Lighthizer and (Economic) (Lawrence) Kudlow to take another look at whether or not a better deal could be negotiated," she said.

Trump announced this during a meeting with lawmakers at the White House, Walters said.

In his remarks in on January 26, Trump had said the US was prepared to negotiate mutually beneficial and bilateral trade agreements with all countries.

"This will include the countries in TPP, which are very important. We have agreements with several of them already. We would consider negotiating with the rest, either individually, or perhaps as a group, if it is in the interests of all, he had said in his remarks to the

Senator Pat Roberts, described, Trump's rethinking on TTP as a "certainly good news".

However, Congressman opposed the move.

"The is reviving the TPP. The idea that the TPP is a counter to is nonsense. It benefits and was in large part written by multinational corporations seeking to ease outsourcing," he said.

TPP is an ambitious trade agreement involving 12 countries.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 13 2018. 04:41 IST