Asian Nations Cautious About the US Back in TPP

Credit Wikipedia

■Abe described the TPP as best, while Trump insisted a bilateral trade deal is preferable.

Trump tweeted on Tuesday that "While Japan and South Korea would like us to go back into TPP, I don't like the deal for the United States". The deal, which was negotiated by President Barack Obama's administration, was largely viewed as a tool to prod China into making the type of economic changes that the United States and others have long wanted. The U.S. goods and services trade deficit with Japan was $54.9 billion in 2016.

Meanwhile, even though his advisers frequently tout positive negotiations with Canada and Mexico, Trump regularly muses about ending the North American Free Trade Agreement.

After meeting with Japanese Prime Minister Shinzo Abe in Florida, Trump suggested there was one area where they would have to agree to disagree: the TPP, which Trump pulled the USA out of days after his inauguration, but has recently said he might be open to re-joining. And I don't think the President is yet convinced of that, to be honest. "And I much would prefer a bilateral deal, a deal directly with Japan".

The order to Kudlow and Lighthizer, senators in attendance said, only came after Republicans gathered inside the Cabinet Room at the White House argued to Trump that the best economic tactic to combat China's rising influence was to re-engage with the surrounding countries that remained in the Pacific rim trade deal.

Australian Prime Minister Malcolm Turnbull had said at the time that while he would encourage the United States to rejoin the TPP, he didn't see "any prospect of that".

Manchester City dominate PFA Premier League Team of the Year
The Egypt star is the first Premier League player to score 40 goals in all competitions since Cristiano Ronaldo in 2007-08. The Egyptian magician on the pitch did win one honor today however, as he was named to the PFA Team of the Year .

"In order to benefit both Japan and the USA, we'll further expand trade and investment between the two countries", the prime minister said. We think this area needs more voices, reasoned analysis and ideas than just those provided by News Corp, lifestyle mags, Facebook groups and corporate newsletters.

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

"Farmers need certainty. It's planting time", said Sen.

On the other hand, during this four-day visit Abe has a special interest in getting an exemption for Japan from the 10 per cent and 25 per cent tariffs that the Trump administration imposes on aluminum and steel imports, respectively.

He added: "One never knows with this president what's negotiating tactics and what's not".

Related News:

  • Tesla (NASDAQ:TSLA) Rating Increased to Hold at Jefferies Group

    Tesla (NASDAQ:TSLA) Rating Increased to Hold at Jefferies Group

    After this sale, 1,386 common shares of TSLA are directly owned by the insider, with total stake valued at $416,271. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.86 and a quick ratio of 0.56. (NASDAQ: TSLA ).
    Konami Has Announced a New Castlevania Game, But It's Mobile Only

    Konami Has Announced a New Castlevania Game, But It's Mobile Only

    Although she is young, her skill as a researcher of magic is considerable, and she supports Arika through her studies. Castlevania: Grimoire of Souls is now exclusive to iOS devices and has a to-be-determined release date.
    RBI denies cash crunch, says ATMs going dry due to 'logistics'

    RBI denies cash crunch, says ATMs going dry due to 'logistics'

    Last weekend, media reports spoke of ATMS especially in smaller towns and villages not delivering cash over the previous week. We have visited several ATMs since yesterday but it is the situation everywhere", people in Telangana reportedly said.
  • Key equity indices end in green on European cues (Second Lead)

    Key equity indices end in green on European cues (Second Lead)

    However, stocks of oil marketing companies such as BPCL , HPCL , IOC faced selling pressure in view of rising global oil prices. At the close, the benchmark 30-share index, BSE Sensex gained 95.61 or 0.28% at 34,427.29 with 17 components registering rise.
    Protests escalate over PM nomination dispute in Armenian capital

    Protests escalate over PM nomination dispute in Armenian capital

    Prosecutors have opened several criminal cases in connection with the protests , the prosecutor general's office said today. On the same day, Human Rights Watch called on the authorities to "refrain from interfering into peaceful assembly".
    Allegiant Air responds to its safety record

    Allegiant Air responds to its safety record

    Earlier this month, the airline announced new flights from Jacksonville to Louisville, Kentucky, and Norfolk, Virginia. In a written response sent to KELO.com News, Allegiant says the "star" source in the report is highly suspect.
  • Judge finds Kansas' Kris Kobach at contempt of Courtroom

    Judge finds Kansas' Kris Kobach at contempt of Courtroom

    District Judge Julie Robinson in Kansas City, Kan., referred repeatedly to Kobach as acting "disingenuously". In May 2016, Robinson ordered Kobach to stop enforcing the controversial proof-of-citizenship requirement.
    Report gives NC mixed grade for healthy air

    Report gives NC mixed grade for healthy air

    Many people breathe unsafe air in their very homes as they use coal and wood as fuel. "Ozone can even shorten life itself". Ozone levels increased in most cities nationwide, in large part because of warmer temperatures.
    Romaine Lettuce Should Be Avoided Again

    Romaine Lettuce Should Be Avoided Again

    The CDC reports that early information points to chopped romaine lettuce from the Yuma, Arizona region as the potential culprit. Colonies of E. coli bacteria grown on a Hektoen enteric (HE) agar plate are seen in a microscopic image courtesy of the U.S.
  • Ernesto Valverde makes SHOCK claim after Celta Vigo draw

    Ernesto Valverde makes SHOCK claim after Celta Vigo draw

    There were players who came from continuous games and I thought it suited us", he said, according to FourFourTwo . "The other time we came here, in the Copa, we also made many changes", said the coach post-match.
    Glistening Stock's Review - The Goldman Sachs Group, (NYSE: GS)

    Glistening Stock's Review - The Goldman Sachs Group, (NYSE: GS)

    Prescott Group Capital Management Llc sold 736,551 shares as the company's stock rose 80.49% while stock markets declined. This is a problem for day traders and it could mean the difference between a profitable and non-profitable trade.
    NBA Playoff Series Preview: 76ers vs Heat

    NBA Playoff Series Preview: 76ers vs Heat

    Regardless, the very bad offensive performance from their stars, notably Dragic and Richardson, is unacceptable. It's no secret how we've won games and how we play. "We gonna see how it feels in the next couple of days".


Most liked

Thunder Drop Game 2 to Jazz in Playoff Series
Expect George, who had eight three-pointers in Game 1, to start and be available in full capacity Wednesday night. Important questions are surrounding Wednesday night's 2nd game between the Thunder and the Utah Jazz .

United States and UK issue joint cybersecurity warning about Russian Federation
Last month the Trump administration blamed Russian Federation for a campaign of cyber attacks that targeted the USA power grid. The hackers are also targeting the internet service providers that support these sectors, the statement said.

Chemical Weapons Experts Enter Douma
These might include suffocating, foaming at the mouth, constricted pupils, convulsions and involuntary urination or defecation. Given that 11 days have passed since the attack, some chemicals might be harder to trace .

The Eagles just released a free documentary of the 2017 season
The Jaguars will host the Philadelphia Eagles in London in a Week 8 clash of Super Bowl contenders. The Eagles organization released a documentary it created about the team's historic 2017 season.

Carrie Underwood announces new album "Cry Pretty"
I was taking the dogs out to go do their thing before bed, and I just was clumsy and I tripped. Underwood did not look noticeably different during her Sunday performance .

Amazon Prime Membership Is 100 Million Strong, Beating Analyst Estimates
On the Alexa front, Bezos reports that Amazon's voice-recognition AI is becoming a better listener. To achieve this, Bezos lays out his "four elements of high standards".

Women's March Catches Heat for Tribute to Barbara Bush
Hager tells the Richmond Times-Dispatch (https://bit.ly/2EUx8BD) that Bush "was a real matriarch in every sense of the word". The Bushes, who were married on January 6, 1945, had the longest marriage of any presidential couple in American history.

Saudi Arabia renews offer to deploy troops to Syria
The theatre is to open to the public this week, and details on how to obtain tickets will be announced on Friday 20 April 2018. Films screened in Saudi cinemas will be subject to approval by government censors, as is the case in other Arab countries.

Amazon chooses Best Buy to sell Alexa-enabled smart TVs
I just hope they don't find themselves with a knife sticking out of their back at some point down the line. Best Buy CEO Hubert Joly said the new Fire TVs will provide customers with a "incredible user experience".

Canelo Alvarez Receives Six Month Suspension
Alvarez held a news conference earlier this month and explained how tainted meat is the reason he can't fight Golovkin next month. Today, however, it was confirmed that the boxing star has been suspended for six months, by the Nevada State Athletic Commission.

Turkey's Erdogan calls surprise early elections for June
Turkey's Supreme Election Board will also start preparations for the elections as soon as possible", he added. Media outlets have been shut down and scores of journalists have also been jailed.

James Comey: 'Even in Private' Trump Won't Criticize Putin
Comey's comments in an ABC News interview broadcast Sunday were nearly certain to escalate his war of words with the president. Comey said in the interview broadcast Sunday night that Trump is "morally unfit " for office.

Thanks to the Internet, Tom Brady is having a very Stormy day
A porn star locked in a legal battle with Donald Trump has released a sketch of man she claims threatened her in a vehicle park. Daniels, whose legal name is Stephanie Clifford , says she didn't report the alleged threat at the time because she was scared.

Useless in tornado as spring storm system barrels east
At least three deaths were blamed on the storm system, which stretched from the Gulf Coast to the Great Lakes. Survey crews in Iredell County determined that damage from Sunday's storms was caused by a microburst.

After Texture Acquisition, Apple's Prepping News Subscription Service
After cutting 20 Texture employees immediately after the acquisition , Apple absorbed Texture's headcount into Apple News' team. By integrating with a dedicated news portal, users will receive more accurate and timely news ahead of everything.