President Donald Trump told lawmakers he is considering rejoining the Asia-Pacific trade pact he withdrew from shortly after taking office as he expressed confidence the United States is headed toward resolving trade conflicts without economic disruption.

A week after escalating trade tensions with his threat to impose tariffs on an additional $100 billion in Chinese products, Trump said Thursday the two countries ultimately may end up levying no new tariffs on each other.

“Now we're really negotiating, and I think they're going to treat us really fairly,” Trump said during a White House meeting with Republican governors and lawmakers from farm states, “I think they want to.”

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.