Donald Trump has officially killed the Trans-Pacific
Partnership (TPP), the controversial trade deal that became a
lightning rod for critics on the left and right during the election
campaign.
Following a meeting with a dozen executives from US
manufacturers on Monday, Trump signed an executive order formally
ending the US’s participation in the TPP.
While the move was largely symbolic – leading
Republicans and Democrats had both come out against the deal – it
underlined the Trump administration’s determination to end decades
of White House support for increased free trade.
The president and Democratic presidential hopeful Bernie
Sanders both attacked TPP, a free trade agreement among the US and 11
other countries, on the campaign trail. Sanders praised Trump’s
decision, saying TPP is “dead and gone”.
“Now is the time to develop a new trade policy that
helps working families, not just multinational corporations,”
Sanders said in a statement. “If President Trump is serious
about a new policy to help American workers then I would be delighted
to work with him.”
More:
Related:
Comments
Post a Comment