Trump says he would certainly reconsider Trans-Pacific Partnership trade deal

President Donald Trump gestures as he arrives on day three of the globe Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 25, 2018.

Jason Alden | Bloomberg | Getty Images

President Donald Trump gestures as he arrives on day three of the globe Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 25, 2018.

As a candidate, Trump repeatedly blasted the agreement, which was championed by President Barack Obama as well as also had little chance of securing congressional approval even before Trump took office.

Trump’s populist campaign partly blamed free-trade agreements for manufacturing job losses as well as also companies relocating outside the United States. He has also preached the benefits of bilateral trade deals rather than multilateral agreements.

“I like bilateral, because if you have a problem, you terminate. … You don’t have which same option” with multilateral deals, he said Thursday.

Trump also reiterated which he may terminate the North American Free Trade Agreement, another target of his ire, if the U.S. cannot reach what he deems a better deal during ongoing negotiations.

“I think we have a not bad chance, nevertheless we’ll see what happens,” he said of whether the U.S. would certainly strike an agreement to stay within the three-nation deal with Canada as well as also Mexico.

— Reporting by CNBC’s Joe Kernen. CNBC’s Ted Kemp contributed to which report.

— CNBC’s full interview of President Trump will air on “Squawk Box” at 6 a.m. ET Friday.

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