Trump says he doesn't like TPP Bargain for United States, citing restrictions

Report U.S. expresses interest in getting back into Trans Pacific Partnership

Tweeting from his Mar-a-Lago club in Florida, Trump wrote, "Too many contingencies and no way to get out if it doesn't work".

Trump added that his primary concern at the moment is the "massive" trade deficit with Japan, which amounted to "from $69 billion to $100 billion a year".

Donald Trump is again set to turn his back on the Trans-Pacific Partnership, with the President saying he "doesn't like the deal for the United States" just days after he appeared keen on rejoining the trade agreement. He went on that "it has to be in USA interest for us to take another look and actually go into it".

During his meeting with the senators, Trump instructed National Economic Council Director Larry Kudlow and U.S. Trade Representative Robert E. Lighthizer to look at ways to help farmers, including reentering the sprawling TPP trade pact - a reversal from the president's previous position.

Inside a lunch with Pence earlier this week on Capitol Hill, Senate Republicans relayed their worry that the chaos ensuing from Trump's global tariffs would drown out the impact of the new tax law, the GOP's central midterm campaign message this year, attendees said.

After meeting with Japanese Prime Minister Shinzo Abe in Florida, Trump suggested there was one area where they would have to agree to disagree: the TPP, which Trump pulled the US out of days after his inauguration, but has recently said he might be open to re-joining. I think it's better for our country. In January, Mr. Trump told CNBC in an interview in Davos, Switzerland that he "would do TPP, if we made a much better deal than we had".

More news: While in Peru, Pence briefs U.S. lawmakers on Syrian strikes

China's aggressive response to Trump's tariffs is aimed squarely at goods produced in the United States heartland, a region that helped send him to the White House.

Larry Kudlow said, "It has to be in USA interest for us to take another look and actually go into it".

The US president said his administration was looking to have "a very good deal" with Japan.

The US has a massive trade deficit with Japan - anywhere from Dollars 69 billion to USD 100 billion a year.

However, Kudlow asserted that Trump's thinking is far more nuanced.

Trump first disclosed his request last week to a group of lawmakers at a White House meeting on trade.

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