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Saturday, 28 January 2017

US - trade retreat under Donald Trump - Counting the Cost: Al Jazeera English

Published on 28 Jan 2017
In protectionist mode, Trump withdraws from international trade deal during his first week in office. In a matter of days, he has already managed some big changes in US trade policy without the approval of Congress. International trade policy is one area where Trump is eager to flex his presidential muscle. Since 1934, US policy has been geared towards accommodation and internationalism.

But Trump believes too many imports from foreign countries are bad for US jobs and that has implications for the rest of the world. As such, all it took for Trump to exit the Trans-Pacific Partnership (TPP) trade deal was to pick up a pen.

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