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Trump dumps Pacific trade deal with executive order

Jan 24, 2017, 4:41 AM EST
U.S. President Donald Trump signing a stack of executive orders.
(Source: Karl-Ludwig Poggemann/flickr)

Fulfilling one of the key pledges he made during his campaign, U.S. President Donald Trump signed an executive order pulling America out of the Trans-Pacific Partnership (T.P.P.) trade deal on Monday. The move, which distances the U.S. from its Asian allies, comes more as a symbolic gesture because the 12-nation pact has yet not been ratified by a deeply fragmented Congress.

Trump also issued other executive orders placing a hiring freeze on non-military federal workers and blocking foreign aid or federal funding for any nongovernmental organization that provides abortions overseas, reports the BBC.

The T.P.P., framed by former president Barack Obama, excluded China and aimed at establishing the U.S. as an economic leader in Asia, notes Reuters. However, many Americans feel that international trade deals have hurt American jobs and driven the manufacturers out of the country, denting its economy. 

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