Trump Considers Reopening Door to Trans-Pacific Partnership
President Trump has reportedly asked his economic and trade teams to investigate the possibility of rejoining the Trans-Pacific Partnership, a 12-country trade agreement Trump pulled the U.S. out of in the first week of his presidency in January 2017. The TPP was finalized in February 2016, but not ratified by the U.S. before Trump withdrew the United States’ signature from the pact.
The original TPP is now the Comprehensive and Progressive Trans-Pacific Partnership and involves the other 11 TPP countries. Ratification of the CPTPP is expected this spring, and the trade partners could consider adding new members not long after.
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