Sens. Pat Roberts, Ben Sasse say Trump looking to re-enter TPP
Apr 13 2018
"Definitely the big headline coming out of this meeting is that the President said he was deputising Larry Kudlow and Ambassador Lighthizer to look at reentering the TPP negotiations", Sasse told reporters following a meeting at the White House. "The best point the united states of america could do in order to push against Chinese cheating will be always to lead the other 1-1 Pacific nations that believe in free trade and also the principle of law", Mr. Sasse said in a declaration. It is bad enough to force US workers to compete with low-wage labor; they should not be forced to compete with no-wage labor. It's a harsh word - it's a rape of our country. Attending the World Economic Forum in Davos in January, he told CNBC: "I would do TPP if we were able to make a substantially better deal. This is done by wealthy people that want to take advantage of us and that want to sign another partnership". He said China's theft of intellectual property has inflicted serious damage to USA companies and threatens the country's future economic outlook.
Trump was not the only one to oppose TPP during the campaign.
The president says China has consistently treated US agriculture unfairly and his administration is "changing things with respect to trade".
Before Trump's election, efforts to ratify the deal had stalled in Congress as the plan lost support from some Republicans and progressive Democrats.
Trump did not give Japan, one of the U.S.'s closest allies, an exemption from new steel and aluminum tariffs, making it less likely that they would rush to the White House's defense during a trade war.
During a February news conference with Australian Prime Minister Malcolm Turnbull, Trump raised the possibility of rejoining TPP if the negotiators offered more favorable terms. "Rejoining the TPP would be a betrayal of American workers, and a step in the wrong direction".
"If it holds until this afternoon, that's a good move", remarked Sen.
Eleven other Pacific Rim countries signed a sweeping trade agreement last month that came together after the USA pulled out. Sen Ron Johnson, R-Wis., was among a handful of senators who recently visited China to meet with government and business leaders there.
But at a time of increasing tensions over trade between the U.S. and China, revising a deal he once argued was "pushed by special interests who want to rape our country" could offer the United States greater leverage in negotiations with Beijing.