On
his first full weekday in office, President Trump signed an executive
order to withdraw the United States from the Trans-Pacific Partnership
multilateral trade deal brokered by his predecessor-- a deal that he
himself described as a “disaster” and the “worst deal ever”.
Withdrawal
from the 12-nation Trans-Pacific Partnership (TPP) featured high up in
Trump’s to-do-list for his first 100 days in office. As a candidate in
the presidential elections one of the subjects that Trump spent the most
time dwelling on was the TPP- a free trade agreement whose members
comprise around 40 percent of global GDP. Trump vowed to take an
aggressive stance against foreign competitors, which he fit under his
“America First” approach. As on other important issues, Trump’s hardline
stance on this particular issue is also a far cry from what we are used
to hearing. Traditionally US presidential candidates seldom question
the indispensability of the US in alliances and free trade agreements;
these are rather encouraged as emblematic of the US’s commitment to the
liberal world order.
Read Complete Article: What Does the US TPP Withdrawal Mean?
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