Forgot password?
Sign up today and your first download is free.
REGISTER
While U.S. trading partners are greatly disappointed by the Trump administration’s decision to withdraw from the Trans-Pacific Partnership -- and hoping for a change of heart in Washington -- Australia’s envoy to the U.S., Joe Hockey, this week said he did not consider the withdrawal a sign that the U.S. is turning its back on the Asia-Pacific.
The trade minister is set to meet with the USTR and Commerce Secretary Ross later this week.
New Zealand's ambassador to the U.S. last week claimed “clear evidence of convergence” among Trans-Pacific Partnership countries that the deal will move ahead without the U.S., but said their continuing pursuit of the agreement should not be mistaken as an “unfriendly act” targeted at the United States.
“Bilateral FTAs, even with small economies, will take years to negotiate and enter into force.”
A look back at what went on in Hanoi.
“I know Australia's talking with Japan and others about moving forward with TPP despite America's withdrawal. I would strongly encourage that.”
“We've enjoyed this unique advantage because our main competitor in the Japanese marketplace, Australia, has low cattle supplies.”
Inside U.S. Trade spoke with the trade minister in Hanoi about TPP and the country's trading relationship with the U.S.
A Q&A with Kentaro Sonoura, from Hanoi.
HANOI – Trade officials from Japan, Australia and New Zealand, on the sidelines of the Asia-Pacific Economic Cooperation ministers meeting here, told Inside U.S. Trade they were not in favor of reopening provisions of the Trans-Pacific Partnership as a way to ensure its entry into force without the United States – citing a potential unraveling of the deal and the maintenance of the high standards agreed to when the U.S. was still involved.
An interview with Steven Ciobo from Hanoi, where he met for the first time with the new USTR, Robert Lighthizer.
HANOI -- U.S. Trade Representative Robert Lighthizer, at his first public appearance here during the Asia-Pacific Economic Cooperation trade ministers meeting, said the U.S. defending its own market against unfair trade practices should not be confused with protectionism -- the definition of which, he claims, “is sort of migrating.”
HANOI -- Trade officials from the Trans-Pacific Partnership signatories on Sunday reiterated their commitment to finding a way for the deal to enter into force without the U.S., announcing here on Sunday they have tasked senior officials to assess a path forward ahead of the Asia-Pacific Economic Cooperation leaders meeting in November.
“The view of many countries is we shouldn't start unstitching that agreement.”
Prime Minister Bill English wants to avoid a lengthy renegotiation.
Trade Minister Todd McClay: “We have agreed to continue to evaluate options under TPP that would deliver benefits for our citizens and the region.”
Tokyo eyes Australia, New Zealand as key partners in a smaller agreement.
Deputy Prime Minister Taro Aso thinks a Pacific deal “could be reached quickly.”