Trump Withdraws From Trans-Pacific Partnership Amid Flurry of Orders

David Smith reports for The Guardian:

Image result for trump tppDonald Trump has begun his effort to dismantle Barack Obama’s legacy, formally scrapping a flagship trade deal with 11 countries in the Pacific rim.

The new president also signed executive orders to ban funding for international groups that provide abortions, and placing a hiring freeze on non-military federal workers.

Trump’s decision not to join the Trans-Pacific Partnership (TPP) came as little surprise. During his election campaign he railed against international trade deals, blaming them for job losses and focusing anger in the industrial heartland. Obama had argued that this deal would provide an effective counterweight to China in the region.

“Everyone knows what that means, right?” Trump said at Monday’s signing ceremony in the White House. “We’ve been talking about this for a long time. It’s a great thing for the American worker.”

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