Trump executive order pulls out of TPP trade deal

Source: BBC

President Donald Trump has fulfilled a campaign pledge by signing an executive order to withdraw from the Trans-Pacific Partnership (TPP).

The trade deal, a linchpin of ex-President Barack Obama’s Asia policy, was signed by 12 nations.

“Great thing for the American worker what we just did,” said Mr Trump as he dumped the pact with a stroke of a pen.

He also cut funding for international groups that provide abortions, and froze hiring of some federal workers.

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