Trans-Pacific Partnership deal killed by President Trump —>
President Donald Trump signed an executive order Monday to withdraw from the globalist Trans-Pacific Partnership deal that would’ve seen multinational corporations subvert American sovereignty through secret tribunals that could manufacture trade regulations without congressional approval.
The order was likely a symbolic gesture since the deal was already dead.
TPP was designed to increase economic globalization, which would hurt American workers who have already been displaced by foreign outsourcing.
President Trump has already proved that he will deliver on his many campaign promises, chief among them is putting America first in terms of trade.
Read more about this below (via Chicago Tribune):
President Donald Trump began recasting America’s role in the global economy Monday, canceling an agreement for a sweeping trade deal with Asia that he once called a “potential disaster.”
Trump signed the executive order formally ending the United States’ participation in the Trans-Pacific Partnership in the Oval Office after discussing American manufacturing with business leaders in the Roosevelt Room. The order was largely symbolic – the deal was already essentially dead in Congress – but served to signal that Trump’s tough talk on trade during the campaign will carry over to his new administration.