Trump signs order withdrawing from TPP, reinstate ‘Mexico City policy’ on abortion

Washington (CNN)President Donald Trump on Monday will start to unravel the behemoth trade deal he inherited from his predecessor, as he signed an executive action to withdraw from the negotiating process of the Trans-Pacific Partnership.

That executive action sends signals to Democrats and leaders in foreign capitals around the world that Trump’s rhetoric on trade during the campaign is turning into action. Trump vowed during the campaign to withdraw the US from the Pacific trade deal, commonly known as TPP, which he argued was harmful to American workers and manufacturing.
The TPP was negotiated under former President Barack Obama, but never ratified by Congress, so withdrawing from it will not have an immediate, real effect on US economic policies, although it does signal a new and very different US outlook on trade under Trump.
The other executive actions signed Monday included reinstating the Mexico City abortion rules and instituting a hiring freeze for federal agencies.

Press feuds and protests

Trump’s action comes as the President is looking to change the conversation after a rocky first weekend at the White House, during which, he and his officials feuded with the press and his presidency was greeted with massive protests in the nation’s capital and in large cities across the US.

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Even Hillary Clinton, the Democratic presidential nominee who pushed the TPP deal as secretary of state, backed off her support for the deal during the campaign amid pressure from the left.
Democrats with heavy union worker constituencies will either need to get on board with Trump’s protectionist trade policies or risk losing reelection.
Republican leaders, many of whom supported the TPP trade deal and free trade more broadly, will also be pressed to react Monday — reactions that could show daylight between top Republicans on Capitol Hill and the White House on a top policy issue.
Trump has said that he also plans to renegotiate the North American Free Trade Agreement, a free trade deal joining the US, Mexico and Canada.
This story has been updated.

Read more: http://www.cnn.com/2017/01/23/politics/trans-pacific-partnership-trade-deal-withdrawal-trumps-first-executive-action-monday-sources-say/index.html

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