Friday, April 13, 2018
Trump wants back into TPP
United States President Donald Trump wants back into the Trans-Pacific Paternership trade deal, but on much better terms for the U.S.
New Zealand and Australia are saying they will only support his bid to come back if the deal already signed by 11 nations remains substantially as it now is.
Without the U.S. the TPP countries account for about 14 per cent of global trade; including the U.S. would boost that to 40 per cent.
Meanwhile the hot-and-cold climate around the North American Free Trade Agreement negotiations has turned cold again, only a few days after there were reports that a deal was imminent.