President Trump has now signed an executive order that will completely withdraw the United States from the Trans-Pacific Partnership, or TPP. This is a project that Hillary Clinton adopted as a part of her platform when she was running and even bragged about being one of its creators.
After signing the order President Trump declared it to be:
“A great day for American workers.”
It’s a great day for the American worker because this repeal will discontinue any Free Trade Deal with China that would have put the last nail in the coffin of American industry.
Oddly, the repeal of TPP was one of the very few issues that both Democrats and Republicans agreed on during this election. Bernie Sanders even made fighting it one of the key points of his platform.
Via BBC News “Twelve countries that border the Pacific Ocean signed up to the TPP in February 2016, representing roughly 40% of the world’s economic output.
The pact aimed to deepen economic ties between these nations, slashing tariffs and fostering trade to boost growth. Members had also hoped to foster a closer relationship on economic policies and regulation.
The agreement was designed so that it could eventually create a new single market, something like that of the EU.”
The other two executive orders that President Trump signed today were a freeze on all government hiring, except of course for expansion of the military which he stated several times to make sure the press caught it. Second, President Trump reinstated the Mexico City Policy, a rule originally introduced by Ronald Reagan that helps foreign organizations receive U.S. aid on abortion counseling. Effectively, Trump froze all funding for overseas groups that promote abortions.
Do you think these executive orders were a good idea? Let us know below.