Obama ‘unprecedented’ on trade talks with Trump, says trade bill

Washington – The US president is “unprepared” to renegotiate trade deals with President Donald Trump, the chief executive of the AFL-CIO said on Wednesday, adding the president’s administration was “unacceptable” for the AFL to be negotiating its own trade deals.

“This is unprecedented, it is unprecedented for the president of the United States to do what he’s doing,” President Barack Obama said in a speech at the AFL National Congress in Atlanta.

The AFL-CAW’s president said it was not possible for the US to negotiate “free-trade agreements” with China, South Korea and Mexico, which are the three main countries negotiating trade deals on the table.

Obama, speaking at the conference on trade, said he would “continue to push for open markets” and insisted the US “can and will” negotiate bilateral agreements with those countries.

But AFL-CHE said the trade agenda was in danger of becoming a “free trade negotiation” with Trump.

“The trade agenda is in peril.

The president is unprepared to negotiate free-trade deals with China,” AFL-ChE president Richard Trumka said.

Trumka was referring to Trump’s repeated threats to slap tariffs on Chinese imports and to scrap the US-China Free Trade Agreement, which has led to a trade war between the US and China.

China, which Trump accused of manipulating its currency, has also been a key ally of the US in its efforts to undermine the US economy.

President Donald Trump has made no secret of his intention to renegotiat the Trans-Pacific Partnership, an agreement between the United Kingdom, Australia, Japan, Mexico and 11 other Pacific Rim countries.