Breaking
News Wire 1 min

Trump: US to quit TPP trade deal on first day in office

President-elect Donald Trump says the US will quit the Trans-Pacific Partnership trade deal on his first day in the White House.

Donald Trump
Share𝕏inf

He made the announcement in a video message outlining what he intends to do first when he takes office in January reports the BBC.

The TPP trade deal was signed by 12 countries which together cover 40 per cent of the world’s economy.

The Republican also pledged to reduce “job-killing restrictions” on coal production and stop visa abuses.

Free newsletters

The stories that matter to UK business, straight to your inbox.

But there was no mention of repealing Obamacare or building a wall on the southern border with Mexico, two actions he said during the campaign he would do on day one.

His surprise election win two weeks ago has sparked protests across the US.

On Monday, Japanese Prime Minister Shinzo Abe said the TPP trade deal would be meaningless without the involvement of the US.

More from News Wire.

More →