US to abandon TPP on January 20, Says President-elect Trump

thWashington, DC – U.S. President-elect Donald Trump has said the US will quit the Trans-Pacific Partnership trade deal on his first day in the White House.

The president-elect made the announcement in a video message outlining what he intends to do first when he takes office on January 20, 2017.

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

President-elect Trump during the campaign urged voters to give him a second look and that he would eliminate most of the trade deals sign under past administration.

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

The TPP was signed in 2015 by numerous countries including Japan, Malaysia, Australia, New Zealand, Canada and Mexico, and was pending ratification.

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