Trump Moves to Withdraw from Pacific Trade Deal

World | January 23, 2017, Monday // 20:15
Bulgaria: Trump Moves to Withdraw from Pacific Trade Deal File photo, EPA/BGNES

United States President Donald Trum has signed an executive order that initiates his country's pullout of the Trans-Pacific Partnership (TPP).

The TPP, a cornerstone of his predecessor Barack Obama's political doings, has never been ratified by the Congress whose members have given it a mixed reception.

It involves 12 countries and is aimed at boosting growth and forging closer economic ties.

Other actions in his first regular workday include a cut in funding to American aid groups providing or promoting international abortions and a freeze in hiring federal employees.

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Tags: Donald Trump, United States, Trans-Pacific Partnership, TPP
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