Donald Trump suggested to Emmanuel Macron that he pull France out of the European Union in return for a bilateral trade deal, it has been claimed. The offer, aimed at destroying the Europe alliance, was reported to have been made during a private meeting when Macron visited the White House at the end of April. The Washington Post said the US president asked Macron: “Why don’t you leave the European Union?” In return, Trump suggested the US could offer France a substantial bilateral trade deal. The article claimed that Trump promised to give France better trade terms than the EU as a whole gets from the US. The columnist at the Washington Post, Josh Rogin, cited two unnamed European officials as the source of his report, adding that the proposition revealed “a basic lack of understanding of Macron’s views and those of the people who elected him”. It was “an instance of the president of the United States offering an incentive to dismantle an … [Read more...] about Quit the EU for better trade deal, Trump reportedly told Macron
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US and Japan plan new talks on ‘fair and reciprocal’ trade deal
News / World by Press Association 19/04/2018, 1:11 am FacebookTwitterWhatsAppEmail Send us a story Sign up to our Daily newsletter The US and Japan said they have agreed to start talks to develop what US president Donald Trump and Japanese prime minster Shinzo Abe described as a new “free, fair and reciprocal” trade deal between the two countries following two days of talks. But the leaders said they had failed to reach a deal that would exempt Japan from new US steel and aluminium tariffs, as Mr Abe had wanted. “If we can come to an arrangement on a new deal, that would certainly be something we would discuss,” Mr Trump said during a joint press conference at his private Mar-a-Lago club. But he said the current trade deficit between the two countries is too high for him to offer an exemption now. Most other key US allies – among them Australia, Canada, the European Union and Mexico – have already been granted exemptions to … [Read more...] about US and Japan plan new talks on ‘fair and reciprocal’ trade deal
Trump looking into rejoining TPP trade deal
In an about-face, President Donald Trump has asked his advisors to look into rejoining the Trans-Pacific Partnership (TPP) trade deal, U.S. senators said on Thursday. Two senators said Trump told Larry Kudlow, head of the White House National Economic Council, and Robert Lighthizer, U.S. trade representative, to look into reentering the historic trade agreement. Sen. Pat Roberts, a Republican from Kansas, and Sen. Ben Sasse, a Republican from Nebraska, confirmed Trump's request to reporters at the White House. Sasse said the president told Kudlow about the deal: "Larry, go get it done." After calling the deal "a disaster" during his presidential campaign, Trump withdrew the U.S. from the 12-member pact with a memorandum on January 2017 -- three days after his inauguration. Trump's move was widely criticized by lawmakers on both sides since the withdrawal from the TPP could make it harder for the U.S. to compete with China in Asia and … [Read more...] about Trump looking into rejoining TPP trade deal
Rejoining TPP Trade Deal Trump’s Biggest Broken Promise to US Workers
"In a series of broken promises President Trump made to the working people of this country, rejoining the job-killing Trans-Pacific Partnership would be the biggest yet," the statement said on Thursday. "Joining the TPP would not bring back one American job that has been outsourced to China." Sanders argued in the statement that it has been bad enough to force US workers to compete with low-wage labor, but rejoining the TPP deal would make the situation even worse. © AFP 2018 / SAUL LOEBTrump Directs Cabinet to Look Into Rejoining TPP Trade AgreementEarlier on Thursday, US media reported that Trump directed his advisers to look into the United States rejoining the TPP trade agreement. Trump withdrew the United States from the TPP days after becoming president in January 2017. Sanders said in the statement that the United States must rewrite its trade policies to benefit US workers, not just … [Read more...] about Rejoining TPP Trade Deal Trump’s Biggest Broken Promise to US Workers
Trump Directs Cabinet to Look Into Rejoining TPP Trade Agreement
Trump told lawmakers he now believes TPP "might be easier for us to join now" because the 11 other TPP nations are close to finalizing a deal without the US, Sasse told reporters at the White House, as quoted by The Hill. © AFP 2018 / Nicholas KammForeign Ministers of 11 Asian, American States Sign TPP Agreement Without US - Chile FMHowever, the senator from Nebraska indicated Trump could change his mind, because he is a person open to different suggestions. Trump railed against the original TPP and other multilateral trade deals throughout the 2016 campaign, arguing that poorly negotiated trade agreements destroyed US jobs. In January 2017, Trump signed an executive order withdrawing the US from the TPP, prompting 11 other Pacific-Rim nations in the deal to seek their own trade pact. … [Read more...] about Trump Directs Cabinet to Look Into Rejoining TPP Trade Agreement