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

Koksilah Bridge to receive seismic upgrades

The nondescript bridge crosses the Koksilah River just north of the Cowichan Bay Road turnoff

Man brandishes axe during robbery

Mounties were able to locate the suspect within two hours of the incident

Priority offenders nabbed in Shawnigan Lake

A prolific offender was nabbed by Shawnigan Lake RCMP after a brief… Continue reading

Lexi Bainas column: Celebrate the solstice or pick up a book

The Cajun Solstice Dance is happening Saturday, June 23.

Mounties raid “extensive” Shawnigan pot grow operation

The execution of three search warrants has yielded three arrests and the… Continue reading

B.C. BMX kid wows GoPro with homemade video

Eight-year-old Rex Johnson wins award for inventive video

Coming up in Cowichan: From Conquering Cobble Hill to a garden tour

Conquer Cobble Hill on Saturday, June 23 Mill Bay Marine Search and… Continue reading

Vancouver Canucks tab Quinn Hughes with No. 7 overall pick in NHL draft

University of Michigan standout was second defenceman picked in first round

Gun, drugs and cash seized in arrest of alleged B.C. fentanyl dealer

Vancouver Island man Brent Connors is facing nine charges in relation to investigation

Guildford Park teacher wins big on ‘Jeopardy!’ game show

Ali Hasan, a New Westminster resident, goes for more winnings tonight

Jogger spent two weeks in U.S. detention centre after accidentally crossing B.C. border

Cedella Roman, 19, crossed the border while out for a run

PHOTOS: Police rescue baby seal found on rocky B.C. shoreline

Marina Mammal Rescue Centre recommends residents observe from a distance

B.C. woman with severely disabled son keeps getting parking tickets

‘There has to be something they could do’

‘Creep off’ reporting system aims to track street harassment in Metro Vancouver

Text-based hotline launches to collect public reports on where and when harassment occurs

Most Read