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Is the US heading back to the TPP? Not so fast

Even if Trump is serious, renegotiation will take time and effort

| Japan
U.S. President Donald Trump speaks at the World Economic Forum annual meeting in Davos, Switzerland, on Jan.26.   © Reuters

A year after officially withdrawing from the Trans-Pacific Partnership, U.S. President Donald Trump now says he would reconsider a "substantially better deal." At Davos, Trump told an audience of business leaders that he "would consider negotiating with the rest either individually or perhaps as a group if it is in the interests of all."

These comments have left the 11 remaining countries of this Pacific Rim trade agreement scratching their heads. Is Trump serious? What caused this shift? Might the U.S. actually return to this agreement? And if so, on what terms and timetable?

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