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

Kelowna golf course ready and open for spring business

Two Eagles Golf Course opened Saturday, more to come

Kelowna-Lake Country MLA hopes annual climb will promote peace

MLA Norm Letnick’s 5th Annual Spring Climb for Health & World Peace is April 6

Possible assault to bus driver in Kelowna

A minor bus crash was reported just after 8 p.m. Friday night

Car crash nearly sends car over embankment in West Kelowna

RCMP search for driver of alleged stolen vehicle that caused crash

Update: Highway 3 reopened following rockslide near Keremeos

The slide occurred Friday March 22, at about 8 p.m. between Red Bridge and Standing Rock

Sparks fly as SUV speeds down wrong side of Highway 1 trying to flee RCMP

Captured on video, the vehicle headed westbound against oncoming traffic before crashing

Okanagan woman launches sewing studio

“I know there’s a lot of people up and down the valley that would love to sew.”

1,300 cruise ship passengers rescued by helicopter amid storm off Norway’s coast

Rescue teams with helicopters and boats were sent to evacuate the cruise ship under extremely difficult circumstances

Letter: Stop raising the minimum wage

To the editor: The government is looking for ways to put more… Continue reading

Letter: Immigration will not help other countries, or our own

To the editor: Firearms are not the culprit in all those massive… Continue reading

Letter: Sprawl destroying natural landscape

To the editor: I agree with the assessment by Ian Pooley in… Continue reading

Former Okanagan teen found safe after disappearing from YVR airport

Ethan Burnett, 14, was found safe in Kelowna on March 22

B.C. university to offer first graduate program on mindfulness in Canada

University of the Fraser Valley says the mostly-online program focuses on self-care and well being

Province announces $18.6 million for B.C. Search and Rescue

The funding, spread over three years, to pay for operations, equipment, and training

Most Read