Trump to sign executive orders on TPP and Nafta
The new US president's move against the Trans-Pacific Partnership could boost China's regional dominance
New York — US President Donald Trump will sign executive orders on Monday to withdraw the US from the Trans-Pacific Partnership (TPP) trade deal and renegotiate the North American Free Trade Agreement, according to an official familiar with the plans. Trump’s trade-focused executive orders, part of a series of actions planned for Monday, fulfil a campaign promise to rewrite America’s trade policy during his first days as president. The TPP, a 12-country deal that sought to liberalise trade between the US and Pacific Rim nations including Japan, Mexico and Singapore, was a signature piece of former president Barack Obama’s "pivot" to Asia. Trump campaigned against the pact and other trade deals, such as Nafta, during his campaign for the White House. In a video released in November, Trump promised to exit the TPP deal "on day one". He called the trade pact "a potential disaster for our country". Trump said on Sunday he would meet Canadian Prime Minister Justin Trudeau and Mexican Pre...
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