Not so fast: U.S. notes interest in re-joining TPP far from guaranteed

US President Donald Trump talks Trans-Pacific Partnership on Twitter

On the heels of bombshell news that President Donald Trump is exploring the possibility of rejoining the Trans-Pacific Partnership, the United States is seeking to contain expectations.

Trump tweets that he would only rejoin the agreement if it’s renegotiated to become substantially better for the U.S.

And the economic adviser he’s tasked to lead the process says it’s still very preliminary.

Larry Kudlow told the Fox Business channel that he just received the assignment Thursday, and that he has no idea if the deal can be improved.

He says the U.S. administration does not have a position on rejoining the agreement — it’s merely exploring the possibility.

There is also skepticism from other countries in the 11-nation deal: Australia’s trade minister says there’s very little appetite for a renegotiation, and Japan’s minister on the file compares the deal to a carefully crafted glass sculpture that would be difficult to change.

Some people, however, would be thrilled to see it reopened: the Canadian auto-parts lobby says it would be pleased to have Trump force changes that would make the agreement friendlier to North American producers.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Hazelton’s Vickers creates Grateful Dead album cover

“Unbelievable, inspiring, grounding, and very exciting,” Roy Henry Vickers says of experience

Aboriginal program coming to CNC here

A rejuvenated aboriginal studies program is coming to the College of New… Continue reading

France doubles up Croatia 4-2 to win World Cup

Played in Moscow Russia, latest Fifa World Cup marks the highest scoring final since 1966

First Nation pipeline protesters erect ‘tiny homes’ in B.C. Park

Kanahus Manuel and Tiny House Warriors say more homes being constructed in park

Burns Lake celebrates

Despite the cooler weather the Canada Day celebration was a success. The… Continue reading

VIDEO: Visual recap of Vancouver Island MusicFest

Walk Off The Earth, Passenger, Arlo Guthrie among highlights

Hawaii volcano boat tours continue after ‘lava bomb’ injuries

“An explosion occurred near the shoreline hurling hot lava rocks towards the boat and injuring several passengers.”

Trump returns from summit with Putin to forceful criticism

“Shameful,” ”disgraceful,” ”weak,” were a few of the comments. Makes the U.S. “look like a pushover,” said GOP Sen. Bob Corker of Tennessee.

Obama to deliver Mandela address in likely rebuke to Trump

Former U.S. President Barack Obama Monday praised Kenya’s president and opposition leader for working together but said this East African country must do more to end corruption.

Trudeau asks transport minister to tackle Greyhound’s western pullout

Prime Minister Justin Trudeau says he’s asked Transport Minister Marc Garneau to find solutions in Greyhound Canada’s absence.

Missing B.C. Serval cat creates buzz online, pleas for help

Aquila, an African Serval, disappeared from a Fernie, B.C. backyard sometime on Friday, July 13.

Trudeau’s youth council divided over Trans Mountain pipeline purchase

A letter signed by 16 past and present members was made public today, asking the federal government to reverse course

Hulk Hogan reinstated into wrestling Hall of Fame

Hogan had used racial slurs caught on video when talking about his daughter sleeping with a black man

‘Lava bomb’ through roof of tour boat injures 22 in Hawaii

“An explosion occurred near the shoreline hurling hot lava rocks towards the boat and injuring several passengers”

Most Read