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

Snowfall warning for Trans Canada Highway

Between 15 cm to 20 cm is expected

Highway conditions for Revelstoke

Compact snow and slippery sections on Trans Canada and Highway 23

No one in Revelstoke should face dementia alone

More than 66,000 people struggle with Alzheimer’s and dementia in B.C.

B.C. Legions in need of young members to continue aiding veterans into the future

Lest we forget what thousands of men and women did to fight for Canada’s freedoms – but without new membership, many Legion chapters face dwindling numbers

Remember road crash victims this November

Kelowna lawyer Paul Hergott will host National Day of Remembrance for Road Crash Victims in Canada

Expect no quick end to Canada-wide cannabis shortages, producers warn

Provinces including British Columbia, Alberta have all reported varying degrees of shortages

Want to buy your first home? Move to Kamloops or Prince George

Kamloops, Prince George, Campbell River and Langford are the only other markets in the study without gaps between required and actual income in owning a home.

Seniors in care homes may not get referendum ballots in the mail: Seniors Advocate

Voters list was established in May 2017, so if they moved into a care home since then….

Feds give $2 million for anti-extremism programs in B.C.

Public Safety Minister Mike Farnworth said supporting efforts locally is key to prevention

Freeze out your home from unwanted pests

Okanagan residents offered pre-winter pest control checkup advice from Orkin Canada.

New Kelowna-Vancouver bus route off to slow start

Ebus says business must pick up if service is to continue ‘long term’

Should the legal age for cannabis be increased to 21?

B.C. residents have a more mellow attitude to the age limit for pot – but 23 per cent want the legal age increased

Expect ride hailing in B.C. by 2020, Premier Horgan says

Taxi-style insurance option needed for part-time drivers

Most Read