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

Tears and laughter celebrate Bruce Johnson’s Life

Over 1,000 people packed the conference hall of the Lakeside to celebrate the life of Bruce Johnson

For New York artist from the darkness comes light

Light has a spiritual life of its own for New York artist who opens his show March 30 in Penticton

Penticton SAR team helicopters injured climber to safety

A 30-year-old woman suffered a suspected lower-limb fracture in Skaha Bluffs Provincial Park

‘Hauntingly gritty’ duo coming to iconic Okanagan music venue

The LYNNeS multi-award-winning Canadian folk artists are going to be in Penticton March 27

Rain on the way for the Okanagan-Shuswap

Vernon’s dust warning is ongoing

Okanagan experts share bike security tips

Geoff Prowse from the Bike Barn and Josh Shulman from Freedom the Bike Shop share their tips.

Kelowna artist featured on furniture

Shandra Smith’s work is now available on credenzas

Destructive blaze in West Kelowna fatal for cat

The fire at a West Kelowna condo claimed the life of one tenant’s cat

Sock Hop aims to send dancers back to another time

Writers’ Festival fundraiser in Salmon Arm springs into step for another year

Man pinned under metal tank in West Kelowna

Emergency personnel are on the scene

Fundraising campaign launched for man caught in SilverStar avalanche

In only two days, the GoFundMe surpassed its $15,000 goal

Terror at sea: Helicopter rescues frightened cruise passengers in Norway

The Viking Sky cruise ship was carrying 1,300 passengers and crew when it experienced engine trouble

DOJ: Trump campaign did not co-ordinate with Russia in 2016

Attorney General William Barr said special counsel “does not exonerate” Trump of obstructing justice

Trudeau in Vancouver to support Tamara Taggart at Liberal nomination event

The former broadcaster is seeking the nomination for the Vancouver Kingsway riding

Most Read