- 25 Republican senators sent a letter to President Donald Trump asking him to get the US back into the Trans-Pacific Partnership trade agreement.
- Trump pulled the US out of TPP on the third day of his presidency, but recently said he is open to renegotiating the deal.
- But recent moves by the Trump administration suggest that the president is favoring more protectionist trade policies.
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Republican senators are begging Trump to reverse one of his first major economic decisions
25 GOP senators sent a letter asking President Trump to re-engage on talks to make the US part of the Trans-Pacific Partnership trade agreement.
More than two-dozen Republican senators on Tuesday released a letter they sent to President Donald Trump, requesting the president reengage on talks to join one of the world's largest trade agreements.
The letter, spearheaded by Sen. Steve Daines of Montana, asked Trump to reconsider his decision to pull the US out of the Trans-Pacific Partnership. The president signed an executive order to begin the process of removing the US from TPP negotiations on January 23, 2017 — just three days after he took office.
The multilateral trade deal was designed help lower barriers to trade among 12 countries along the Pacific Rim, including Japan, Mexico, Canada, Australia, Singapore, and Malaysia. Since the US backed out, the remaining members have developed a new deal, called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP.
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Trump suggested during an interview in January that the US could get back into the deal if more favorable terms were presented, but no formal talks have been announced.
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The GOP senators said in their letter that getting back into the deal would be beneficial for the US economy.
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