Detroit Bureau on Twitter

Posts Tagged ‘trade issues’

Trump Reversing Stance on Trans Pacific Partnership

President looks to assuage concerns of farmers, auto industry.

by on Apr.13, 2018

Presiden Trump is reversing course on the Trans Pacific Partnership, investigating the country's re-entry into the pact.

In a surprising about face, President Donald Trump is apparently considering reversing one of his first decisions on trade — scuttling the Trans Pacific Partnership.

Denouncing and walking away from TPP with a sharp dig at former President Barack Obama was one of Trump’s first pronouncements after his inauguration as President in January 2017. While support for TPP was mixed, with some companies supporting and others opposing it, it did include provisions that would have benefited the global auto industry.

Global News!

Trump’s decision on the TPP helped set the stage for the assault on NAFTA. (more…)