Tuesday, 22 November 2016

Trump to withdraw US from Trans-Pacific trade deal



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Donald Trump has announced the United States would signal its withdrawal from the Trans-Pacific Partnership (TPP) trade deal on his first day in the White House, part of six immediate steps.
The Republican billionaire said in a twitter video message, “My agenda will be based on a simple core principle: putting America first.”
“On trade, I am going to issue our notification of intent to withdraw from the Trans-Pacific Partnership, a potential disaster for our country,” said Trump, who takes office January 20.
“Instead, we will negotiate fair, bilateral trade deals that bring jobs and industry back onto American shores,” he added.
The president-elect, who tapped the anger of working-class Americans who feel left behind by globalisation during the election campaign, singled out trade deals such as the TPP as key culprits.

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