The United States will consider re-entry to the Trans Pacific Partnership once Washington accomplishes its goals on other trading relationships, U.S. Treasury Secretary Steven Mnuchin said while on an official visit to Chile on Wednesday.
Trans Pacific Partnership is aimed at cutting trade barriers in some of the fastest-growing economies of the Asia-Pacific region. The original 12-member deal was thrown into limbo early last year when President Donald Trump withdrew the United States from it, citing concerns about protecting U.S. jobs.
"Our focus at the moment, is obviously we're working on renegotiation of NAFTA, we're very focused on our trading relationship with China, which is way too much in one direction. Our markets are open to them, their markets are not open to us, on the same basis," Mnuchin said at a news conference.