Administration may get back on TPP

After bowing out of negotiations for the 12-nation Trans-Pacific Partnership trade deal last year, the Trump administration announced its intention to get back into talks.

On April 10, President Trump directed U.S. Trade Representative Robert Lighthizer and National Economic Council Director Larry Kudlow to begin negotiating for the United States to join the Trans-Pacific Partnership (TPP).

The deal is now known as the CTPP, signed by the remaining 11 nations in March. It contains tariff breaks for the participants, including a cut in tariffs from $150 per metric ton to $85 on Canadian and Aus...