Trump to pull out of TPP trade deal on day one
Donald Trump has promised to pull the US out of the Trans-Pacific Partnership trade deal on his very first day in office.
The TPP was signed by 12 countries which together cover 40% of the world’s economy.
Japan’s Prime Minister Shinzo Abe, who attended a gathering for TPP leaders in Lima on Monday (Nov.21) said, “the TPP would be meaningless without the involvement of the US”.
President-elect Trump made the announcement to quit the trade deal in a video in which he also listed several policy pledges he intends to carry out immediately after his inauguration on January 20.
He made no mention of his campaign promises to repeal Obamacare or build a wall on the US-Mexican border.
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