Will withdraw US from Trans-Pacific Partnership on day one, vows Trump

RSTV Bureau
New York : President-elect Donald Trump after his victory, Wednesday, Nov. 9, 2016, in New York.  Photo - AP/PTI

New York : President-elect Donald Trump after his victory, Wednesday, Nov. 9, 2016, in New York.
Photo – AP/PTI

US President-elect Donald Trump released a video on Monday laying out actions he will take within the first 100 days in office as the President. Trump said he will withdraw the United States from the Trans-Pacific Partnership trade deal on his first day in office on January 20, 2017. The move is in line will his campaign pledge in the race to the White House.

“On trade, I’m going to issue or notification of intent to withdraw from the Trans-Pacific Partnership, a potential disaster for our country. Instead, we will negotiate fair, bilateral trade deals that bring jobs and industry back onto American shores,” Trump said, highlighting the changes he plans to make in his first hundred days in office.

Trump also said he will issue a rule to cut government regulations, direct the Labor Department to investigate abuses of visa programs, and cancel some restrictions on energy production, including shale oil, gas and coal.

Earlier too, Trump had called the 12-nation free trade pact, a disaster for “jobs”.

The President-elect’s announcement comes days after his meeting with Japanese Prime Minister Shinzo Abe in New York. Just before Trump’s announcement Abe had said the trade deal would be “meaningless” without the US.

The Trans-Pacific Partnership was signed by 12 countries which together cover 40% of the world’s economy. It was designed to bring down tariffs and trade barriers between America and a number of Pacific Rim nations including Australia, New Zealand, Japan, Malaysia and Chile. But China is not part of the deal.

Interestingly, just two days ago while speaking at the end of the Asia Pacific Economic Cooperation (APEC) summit in Lima, US President Barack Obama warned that not moving forward with the Trans-Pacific Partnership trade pact would undermine the US position across the Asia-Pacific region.

Meanwhile, Trump met Democrat Tulsi Gabbard, the first Hindu lawmaker in the US Congress, amidst speculation that she is being considered to be made the American Ambassador to the United Nations.

Thirty-five year old Gabbard who was re-elected for her third consecutive term on November 8, has been a vocal critic of President Barack Obama on confronting the radical Islamic terrorism.

The two leaders are said to have discussed foreign policy issues, especially those with regard to Syria and fighting the ISIS.

“President-elect Trump asked me to meet with him about our current policies regarding Syria, our fight against terrorist groups like al-Qaeda and ISIS, as well as other foreign policy challenges we face,” she said hours after meeting Trump.

“I shared with him my grave concerns that escalating the war in Syria by implementing a so-called no fly/safe zone would be disastrous for the Syrian people, our country, and the world… It would lead to more death and suffering, exacerbate the refugee crisis, strengthen ISIS and al-Qaeda, and bring us into a direct conflict with Russia which could result in a nuclear war,” she added.

(With inputs from agencies)