Media flip out over Trump suggestion that US may rejoin TPP

Donald Trump told Republican senators yesterday he had instructed his trade representative and chief economic adviser to look into the possibility of reopening negotiations to rejoin the Trans Pacific Partnership, the huge 11-nation, multilateral trade agreement that the U.S. withdrew from last year. The media immediately took the news as a sign that Trump is going to betray his base by accepting a deal he had spurned both on the campaign trail and in his first months as president. But Trump tweeted out later that the U.S. would rejoin the pact only if the U.S. could get "substantially better" terms.  Reuters: In his Twitter post, which came during Asian trading hours, Trump said the United States would "only join TPP if the deal were substantially better than the deal offered to Pres. Obama.  We already have BILATERAL deals with six of the eleven nations in TPP, and are working to make a deal with the biggest of those nations, Japan, who...(Read Full Post)

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