Keyword: tpp
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Sen. John McCain (R-Ariz.) blasted President Trump on Monday, warning that his decision to withdraw from the Trans-Pacific Partnership (TPP) will spark a wave of negative consequences. “President Trump’s decision to formally withdraw from the Trans-Pacific Partnership (TPP) is a serious mistake that will have lasting consequences for America’s economy and our strategic position in the Asia-Pacific region," McCain said in a statement.
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Article to follow when available
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President Donald J. Trump killed the Trans Pacific Partnership (TPP) once and for all on Monday, signing an executive order officially withdrawing from the trade deal negotiations. It came as a part of series of three separate executive actions that President Trump took on Monday. “The first is a withdrawal of the United States from the Trans Pacific Partnership,” White House chief of staff Reince Priebus said, explaining the first executive action President Trump was taking in the list of three. The other two were one freezing hiring of all federal employees except in the military, and one that restores...
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(CNN)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.
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President Donald Trump’s economic plans are nothing if not ambitious: Annual growth of 4 percent — or more. A diminished trade gap. The creation of 25 million jobs over 10 years, including the return of good-paying factory positions. It all adds up to an immense challenge, one that Trump aims to achieve mostly by cutting taxes, loosening regulations, boosting infrastructure spending and renegotiating or withdrawing from trade deals. At the top of his agenda: Pulling out of the 12-nation Pacific trade agreement and rewriting the North American Free Trade Agreement to better serve the United States. Yet to come anywhere...
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Opening his first official week in office, President Donald Trump warned business leaders Monday that he would impose a “substantial border tax” on companies that move their manufacturing out of the United States, while promising unspecified advantages to companies that manufacture domestically. “All you have to do is stay,” he said during a morning meeting in the White House’s Roosevelt Room. Tesla CEO Elon Musk and Marillyn Hewson of Lockheed Martin were among the executives who attended the meeting. The gathering kicked off a jam-packed day for the new president, including an evening reception with lawmakers from both parties and...
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President Donald Trump delivers his inaugural address on the West Front of the U.S. Capitol on January 20, 2017, in Washington. LeFrak: Trump's trying to make a better deal on NAFTA 1 Hour Ago | 01:36 President Donald Trump is expected to sign an executive order as early as Monday stating his intention to renegotiate the free trade agreement between the United States, Canada and Mexico, a White House official told NBC News. Eliminating the North American Free Trade Agreement (NAFTA), which was crafted by former President Bill Clinton and enacted in 1994, was a frequent Trump campaign promise. The...
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WASHINGTON (Reuters) - U.S. President Donald Trump could sign an executive order as early as Monday intended to renegotiate the free trade agreement between the United States, Canada and Mexico, NBC News reported, citing an unidentified White House official. In addition to wanting to renegotiate the North American Free Trade Agreement (NAFTA), the new Republican president also intends to sign an executive order pulling out of the Trans-Pacific Partnership (TPP), NBC reported. Trump, who was sworn in as the 45th U.S. president on Friday, targeted both trade pacts during his White House campaign. Officials were not immediately available to confirm...
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…and other fun stuff discovered walking through this new winner wonderland. Making good on a consistent campaign promise, and in absolute rebuke to the best laid plans of Tom Donohue, the Asian Pacific Nikkei reports: WASHINGTON — Soon after President Donald Trump was sworn in, his administration announced the U.S. withdrawal from the Trans-Pacific Partnership, a trade pact championed by former President Barack Obama and Japanese Prime Minister Shinzo Abe. The White House on Friday also wasted no time in declaring a renegotiation of the North Atlantic Free Trade Agreement, or NAFTA. (more) It would appear the economic plan continued before...
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The White House conceded Tuesday that President Obama has lost two of his most important battles, surrendering on a massive free-trade deal and the Supreme Court nomination of Judge Merrick Garland. Responding to President-elect Donald Trump’s vow to withdraw the U.S. from the Trans-Pacific Partnership on his first day in office, White House press secretary Josh Earnest acknowledged the chances of the pact being approved by Congress “are not very good.” He called it “a significant missed opportunity for the American people.”
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https://youtu.be/7xX_KaStFT8 Eliminate 2 existing regulations for every new one enacted? That alone could fix miles and miles of our national problems.
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Donald Trump railed against the Trans-Pacific Partnership as a candidate, and now he plans to do far more as president. Trump said Monday in a video address that he would announce a US is withdrawing from the pact on his first day in office. Trump called the pact, a deal among the US and 11 Pacific Rim nations, "a potential disaster" for the nation. "Instead, we will negotiate fair, bilateral trade deals that bring jobs and industry back to Amerian shores," he said. Earlier Monday, Japan's prime minister discounted the idea of going ahead with the TPP without American participation,...
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President-elect Donald Trump said Monday that on his first day in office, he will issue a notice that the U.S. is withdrawing from the Pacific trade deal negotiated by President Obama, calling it “a potential disaster for our country.” “Instead we will negotiate fair, bilateral trade deals,” he said in a brief video message posted to YouTube laying out his top priorities for the beginning of his administration.
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WASHINGTON - Tulsi Gabbard is willing to go out on a limb. The Democratic U.S. congresswoman from Hawaii was one of the first Democrats to support Vermont Sen. Bernie Sanders, and now she is one of the first Democrats to meet with President-elect Donald Trump. Gabbard met with Trump and Vice President-elect Mike Pence on Monday morning, but Trump spokesman Jason Miller said it was “premature” to discuss Gabbard’s potential role in the Trump administration.
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They had the nerve to be thankful that the TPP was DOA. Now the lefty whiners are burning their already-bought NBs. The moment I heard this I went straight to Amazon and bought myself a new pair of their trail runners. They'll be getting more of my business in the future.
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President-elect Donald Trump plans to move quickly to fulfill some of his most controversial campaign promises related to what he derided as “job-killing” trade policies, according to an internal transition team document shared with POLITICO. Within the first 100 days, his administration will drop out of the Trans-Pacific Partnership, and 100 days after that it could withdraw from the North American Free Trade Agreement unless certain demands are met, according to the described policy road map.
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The Boston-based footwear maker has opposed the Trans-Pacific free trade agreement; rival Nike supports it New Balance Athletic Inc. may be the first corporation to get hit by backlash against President-elect Donald Trump. The privately held sneaker company—long an opponent of the proposed Trans-Pacific Partnership trade agreement—welcomed the election of Mr. Trump as a reprieve from the policies of President Barack Obama. “The Obama administration turned a deaf ear to us and frankly, with President-elect Trump, we feel things are going to move in the right direction,” Matthew LeBretton, New Balance’s vice president of public affairs, said in an interview...
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The Senate’s soon-to-be top Democrat told labor leaders Thursday that the Trans-Pacific Partnership, the trade deal at the center of President Obama’s “pivot” to strengthen ties with key Asian allies, will not be ratified by Congress. That remark from Sen. Charles E. Schumer (D-N.Y.), who is expected to be the incoming Senate minority leader, came as good news to the AFL-CIO Executive Council, which met Thursday in Washington. Schumer relayed statements that Republican congressional leaders had made to him, according to an aide who confirmed the remarks. Obama’s signature global trade deal had been on life support for months as...
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Probably not a coincidence that shortly after President-elect Donald Trump's first official visit to the White House & extended private sit-down with Obama, the Internet exploded with excitement over news that Obama has declared the TPP (Trans-Pacific Partnership) dead, reversing his earlier plan to push for TPP passage before leaving the White House in January. Awesome first deal for us, Mr. Trump. Almost everybody - honest Republicans, honest independents, honest American workers, and honest policy analysts - thought the TPP was a bad idea.
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The Senate’s soon-to-be top Democrat told labor leaders Thursday that the Trans-Pacific Partnership, the trade deal at the center of President Obama’s “pivot” to strengthen ties with key Asian allies, will not be ratified by Congress. That remark from Sen. Charles E. Schumer (D-N.Y.), who is expected to be the incoming Senate minority leader, came as good news to the AFL-CIO executive council, which met Thursday in Washington. Schumer relayed statements Republican congressional leaders had made to him, according to an aide who confirmed the remarks. Obama’s signature global trade deal had been on life support for months as both...
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