Trump to withdraw U.S. from Trans-Pacific Partnership with executive order
WASHINGTON, D.C. — President Donald Trump on Monday will unravel the behemoth trade deal he inherited from his predecessor, as two sources familiar with the matter told CNN he plans to sign an executive order to withdraw from the negotiating process of the Trans-Pacific Partnership.
That executive order will send 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 executive order is expected to be the first Trump will issue Monday, a senior White House official said, and will amount to the administration’s first major action on foreign policy.
Trump’s action Monday 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 with greeted with massive protests in the nation’s capital and in large cities across the US.
Former President Barack Obama was a strong advocate for TPP, a deal which was never formally ratified in the US.
The executive action will be just one part of the Trump administration’s efforts to focus attention on its plans to radically reshape US trade policies, making good on a central premise of Trump’s campaign and its economic nationalist underbelly.
Trump on Monday will also meet with union leaders and blue-collar workers several hours after signing the executive order, as well as separate meetings with business leaders.
Trump’s decision to withdraw the US from TPP is also a first step in the administration’s efforts to amass a governing coalition to push the new President’s agenda, one that includes the blue collars workers who defected from Democrats and flocked to Trump’s candidacy in November.