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Donald Trump to Withdraw US from Trans-Pacific Partnership

posted by on Tuesday November 22 2016, @09:31PM   Printer-friendly
from the we're-going-back-to-bartering dept.

n1 writes:

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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  • (Score: 0) by Anonymous Coward on Wednesday November 23 2016, @05:39PM

    by Anonymous Coward on Wednesday November 23 2016, @05:39PM (#431959)

    I remember that protectionist crap from the 70s. didnt. help. one. fucking. bit. But please, continue to spout 'buy 'murkin!'.

  • (Score: 2) by Runaway1956 on Wednesday November 23 2016, @05:49PM

    by Runaway1956 (2926) Subscriber Badge on Wednesday November 23 2016, @05:49PM (#431965) Journal

    "didnt. help. one. fucking. bit."

    Because Suzy Homemaker, and Joe Sixpack were to damned stupid to understand. Dollars shipped outside of the local economy never come back. Dollars spent within the local economy circulate, and circulate, and circulate, round and round they go.

    But, trot on down to Walmart, and buy up some more foreign stuff, 'cause it's cheap. You get what you pay for. You're paying for that infamous "redistribution of wealth" that the globalists are calling for. Impoverish the wealthy, and toss some peanuts at the world's poor to induce them to do the jobs that used to pay well.