New Zealand Wary Of Trump's Pacific Trade U-Turn

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But, that also depends on how the negotiations move forward.

"Senator Ben Sasse, a Republican who represents Nebraska and has been sharply critical of the tariffs, said it was "good news" that the president directed top staff, including US Trade Representative Robert Lighthizer, to negotiate US entry into TPP".

The news infuriated labor unions and many working-class supporters of the president. The other nations are likely reluctant to upset all that work just to accommodate the U.S. During the campaign, he had criticized the agreement, calling it a product of the special interests that was a "continuing rape" of the country.

Rejoining the pact could be a complex task.

But when 11 remaining countries inked the final deal - now known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) - in March, the agreement lacked numerous provisions USA negotiators had long argued to see included.

Steven Ciobo, Australia's trade minister, added that he "can't see that all being thrown open to appease the United States". Ron Johnson, R-Wis., was among a handful of senators who recently visited China to meet with government and business leaders there. Still, negotiations with a group of longtime trading partners could hold appeal at a time of increasing tensions with China.

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Japan and New Zealand reacted cautiously Friday after U.S. President Donald Trump signaled he might reopen talks on a Pacific Rim trade deal that he pulled the U.S. out of shortly after taking office.

Members of Congress and governors from agriculture states met with the president for over an hour at the White House, leaving feeling confident that he wanted to re-enter the trade agreement. With congressional elections later this year, he now faces pressure from some Republican lawmakers anxious that his protectionist policies could spiral into a trade war with China that would hit rural America. "The US position is much weaker now".

China's aggressive response to Trump's tariffs is aimed squarely at goods produced in the US heartland, a region that helped send him to the White House. Almost two-thirds of US soybean exports go to China.

Like many other Trump decisions, the call to reconsider American participation in the TPP caught his advisers by surprise. Trade advisers say the department could use a program known as the Commodity Credit Corp.to purchase potentially billions of dollars of crops from American farmers harmed by tariffs. Many American agriculturalists maintain that the easiest way to help them is to avoid a trade war with China in the first place.

The Trans-Pacific Partnership is created to open up free trade between the countries involved, making them less reliant on China.

"The best thing the United States can do to push back against Chinese cheating now is to lead the other eleven Pacific nations that believe in free trade and the rule of law".

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