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Donald Trump says he will issue an executive action on his first day in office to withdraw from the Trans-Pacific Partnership.
In a video updating Americans on the White House transition, the President-elect described TPP as a "potential disaster for our country".
[...] Mr Trump said his administration instead intends to generate "fair, bilateral trade deals that bring jobs and industry back onto American shores".
Sky Correspondent Greg Milam said: "Donald Trump has been very critical of what trade deals have done for American workers and the damage that the North American Free Trade Agreement (NAFTA) did in the 1990s - particularly to low-income workers in the Midwest, who it turns out voted for Mr Trump in huge numbers."
Source: Sky News
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Donald Trump to Withdraw US from Trans-Pacific Partnership
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I am two fools, I know, for loving, and for saying so.
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(Score: 0) by Anonymous Coward on Wednesday November 23 2016, @04:09AM
You are seeing the end of a bubble. Before a bubble bursts it is always lollipops and sunshine and record highs. 0% interest rates and massive deficit spending can not go on and on. Trump will be the one stuck with the bill and then the blame. Like Bush was blamed for the pop of Clinton's bubble and Obama got Bush's. If he is not stuck with the bill he will kick the can down the road for the next president. Trumps tax plan is a massive shortage of income. Without equal slowdown of spending and removal of loopholes it will be worse for us. Expect all sorts of push back on slowing down *any* gov spending. So we will get lower taxes and higher deficits and new programs with no funding.