President Trump has deputized his chief economic adviser Larry Kudlow and his top trade negotiator Robert Lighthizer to take a fresh look at at re-entering Trans-Pacific Partnership negotiations.
Why it matters: Re-opening the door to TPP after closing it last year would be a major pivot.
But, but, but: "Just how serious Mr Trump’s plans are for the TPP remains unclear." [FT's Shawn Donnan]
What they're saying:
Be smart, from Axios' Dan Primack: "This suggests Trump is increasingly concerned about China's response to his tariffs threat and, in particular, its impact on farmers. But a big problem is that Trump's original decision to bail on TPP resulted in many provisions the U.S. had fought for getting stripped from the final deal, including language around intellectual property protections."
