US Officials Look to Next Steps on Trade Negotiating Agenda

Donald Trump and Peter Navarro

Donald Trump and Peter Navarro

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.

"I don't want to go back into TPP, but if they offered us a deal that I can't refuse, on behalf of the United States, I would do it", Trump said.

While it is unclear what's behind Trump's most recent change of heart, it's unlikely that the participating countries would bewilling to renegotiate the deal in such a way that would satisfy the US president.

White House economic adviser Larry Kudlow suggested to reporters that the U.S. would like to negotiate a bilateral free trade deal with Japan.

While Japan and South Korea would like us to go back into TPP, I don't like the deal for the United.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership or TPP 11 then passed at the start of this year with its remaining member nations, and will take effect in Australia by the end of 2018.

Trump put in the 2016 presidential campaign bumping to the multinational pact, saying he can find a better bargain for US businesses by negotiating one off with countries in the Pacific Rim.

Earlier this week, ex-FBI director James Comey said Trump was "morally unfit" to be president in his first major TV interview since he was sacked by Trump.

"Unless they offer us a deal that we can not refuse, I would not go back into TPP", Trump said at a joint press conference with Japanese Prime Minister Shinzo Abe Wednesday at Trump's Mar-a-Lago resort. "I don't think he is", said Kudlow, without ruling it out.

Abe said at the press conference: "We agreed to start consultations for free, fair and reciprocal trade deals". "I much would prefer a bilateral deal".

Larry Kudlow said, "It has to be in USA interest for us to take another look and actually go into it".

"We need to continue to have a discussion about the right strategy going forward here", said Sen.

"On the American side at the moment it's more of the thought than an insurance policy, " Kudlow claimed, according to the Hill".

However, Trump said, "The United States has massive deficits with Japan".

However, Kudlow asserted that Trump's thinking is far more nuanced.

On Wednesday 18 April, however, Trump issued a new statement on Twitter suggesting that the option of asking to re-join the CPTPP is still entirely off the table.

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