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
(Score: 2) by q.kontinuum on Wednesday November 23 2016, @08:54AM
The question is not so much if it is favourable to Americans or Europeans; most of the population in Europe also opposes the trade agreement. It's long past the time where the conflict was mainly US against Russia, EU, China or whatever.
The main conflict is rich/big enterprises vs. users and average working class. As Warren Buffet put it: It's class warfare. My class is winning, but they shouldn't be. [wikiquote.org], full interview for context [cnn.com].
Registered IRC nick on chat.soylentnews.org: qkontinuum