Cptpp Agreement Japan

On January 25, 2018, US President Donald Trump announced in an interview his interest in a possible re-entry into the TPP if it was a “much better deal” for the United States. It withdrew the United States from the original agreement in January 2017. [78] On April 12, 2018, he asked white House National Economic Council Director Larry Kudlow and U.S. Trade Representative Robert Lighthizer to review adherence to the new agreement. [79] Vince Peterson, president of U.S. Wheat Associates, said in December 2018 that U.S. wheat exporters could face an “imminent collapse” in their 53% market share in Japan due to the CPTPP. Japan is the world`s largest net food importer….

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