Thursday, Apr 25 2024 | Time 13:55 Hrs(IST)
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World


US trade rep says no return to TPP deal and wants bilateral deals in Asia

HANOI, May 21 (Reuters) U.S. Trade Representative Robert Lighthizer said on Sunday that the United States would not return to the Trans-Pacific Partnership trade deal after 11 remaining countries earlier agreed to look at how they could move ahead without it.
He said the United States favoured bilateral over multilateral trade deals and he expected a series of agreements in the region, where he is attending a meeting of ministers from Asia-Pacific Economic Cooperation (APEC) countries.
"The United States pulled out of the TPP and it's not going to change that decision. That does not mean we will not engage in this region," Lighthizer told a news conference in Hanoi, Vietnam.
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