President Trump and senior White House officials are working to salvage political support for a revised trade pact with Mexico and Canada, stunned by bipartisan blowback that appeared likely to scuttle a key initiative. Several Democrats said Trump put on a charm offensive Tuesday during a White House meeting, soliciting their feedback on what he would need to do to win their support for an updated version of the North American Free Trade Agreement.
President Trump ordered top administration officials Thursday to look at rejoining the Trans-Pacific Partnership, the sprawling trade pact he rejected three days after taking office. The move would mark a stunning reversal for Trump, who sharply criticized the pact as a “disaster” and made opposition to global trade deals a centerpiece of his economic agenda as a candidate.
The Senate on Wednesday passed the biggest loosening of financial regulations since the economic crisis a decade ago, delivering wide bipartisan support for weakening banking rules despite bitter divisions among Democrats.