But the development that carries the most weight is the news that Trump may now want to rejoin the Trans-Pacific Partnership or TPP. President Donald Trump reading the executive order withdrawing the US from the Trans-Pacific Partnership prior to signing it in the Oval Office on January 23, 2017. The other 11 of them forged ahead and started their own negotiations for a trade deal without the US and without China. And this is the problem for Trump, who does not seem to be a very good player of global chess. Sure, it is possible that Trump's game of tariff chicken with China could yield a remarkable and mutually beneficial deal.

Source: CNN April 13, 2018 20:19 UTC