I favored the idea of Trans-Pacific Partnership, but I did not support the administration - the [Barack] Obama administration TPP. There are three or four things they did in that, that I though were terrible agreements that were not worth supporting.
I do have a concern that if we just say no Trans-Pacific Partnership, we`re done, we`re ignoring the region, and then, yes, I think we`re creating a void for China, but that is not what the president [Donald Trump] is saying.
I`ve said this when I pass the trade promotion authority law, which allows us to get trade agreements. If we write the rules of the global economy, we will succeed in the 21st century. But we have to write those rules, we have to engage, and I think the president [Donald Trump] said Trans-Pacific Partnership is not the way to do it.
Going on and getting good bilateral agreement is a better way [than Trans-Pacific Partnership agreements], and I`m fine with that strategy. I think that strategy can work as well.
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