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Trump to Pull US From TPP Monday

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As promised, President Trump’s first executive order Monday will be to withdraw the United States from the Trans Pacific Partnership.

Sources close to the matter told CNN that the new president will sign an executive order—among his first in office—Monday to begin the process of getting the U.S. out of the trade deal it’s been negotiating for more than seven years.

The move, in keeping with his campaigning, is expected to send a clear signal to the world that Trump is taking action on trade and deals won’t be done as they have been in the past, and that a new order of protectionism is settling in. The president wants new trade deals and renegotiations on existing ones to be handled and implemented by “the people” and not “Washington elite,” who could also be considered those experienced in handling the complexities of trade negotiations.

Read more at Sourcing Journal.

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