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Trump proposes rejoining Trans-Pacific partnership

WASHINGTON — In a shocking reversal, President Trump advised a gathering of farm state lawmakers and governors Thursday morning that he’s directing his advisers to look into rejoining the commerce deal often known as the Trans-Pacific Partnership, a deal he pulled out of inside days of assuming the presidency.

Rejoining the 11-country pact could possibly be a pointy reversal of fortune for a lot of U.S. industries that stood to profit from the commerce settlement’s favorable phrases and Republican lawmakers who supported the pact. The deal, which was negotiated by the Obama administration, was largely considered as a device to prod China into making the kind of financial reforms that the US and others have lengthy needed.

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