Trump says he will move to with­draw from TPP ‘on day one’

Chronicle (Zimbabwe) - - Worldwide -

WASH­ING­TON — Don­ald Trump said on Mon­day he would move to pull out of the Trans-Pa­cific Part­ner­ship (TPP) trade deal the day he takes of­fice, in line with a cen­tral cam­paign pledge.

“I’ve asked my tran­si­tion team to de­velop a list of ex­ec­u­tive ac­tions we can take on day one to re­store our laws and bring back our jobs,” the US pres­i­dent-elect said in a video mes­sage out­lin­ing pri­or­i­ties for his first 100 days.

“On trade, I am go­ing to is­sue our no­ti­fi­ca­tion of in­tent to with­draw from the Tran­sPa­cific Part­ner­ship, a po­ten­tial dis­as­ter for our coun­try,” he said.

“In­stead, we will ne­go­ti­ate fair, bi­lat­eral trade deals that bring jobs and in­dus­try back onto American shores.”

The Repub­li­can bil­lion­aire’s vic­to­ri­ous cam­paign suc­cess­fully tapped the anger of work­ing-class American vot­ers who feel left be­hind by years of glob­al­i­sa­tion, vow­ing to pro­tect American jobs against cheap labour in coun­tries like China and Mex­ico.

Trade deals such as TPP and the 1993 North American Free Trade Agree­ment fea­tured heav­ily in the bru­tal White House race and many see Trump’s vic­tory as a re­pu­di­a­tion of ever-deeper com­mer­cial ties.

The pres­i­dent-elect had vowed both to scut­tle the TPP — Pres­i­dent Barack Obama’s sig­na­ture trade ini­tia­tive — and rene­go­ti­ate NAFTA.

“My agenda will be based on a sim­ple core prin­ci­ple: putting Amer­ica first,” he said.

US Trade Rep­re­sen­ta­tive Michael Fro­man warned last week that scrap­ping the trans-Pa­cific trade deal would have “se­ri­ous” strate­gic and eco­nomic costs.

Trump’s pledge on the TPP was one of six pol­icy points that he vowed to act on as soon as he takes of­fice on Jan­uary 20:

“On en­ergy, I will can­cel job-killing re­stric­tions on the pro­duc­tion of American en­ergy — in­clud­ing shale en­ergy and clean coal— cre­at­ing many mil­lions of high-pay­ing jobs. That’s what we want, that’s what we’ve been wait­ing for.

“On reg­u­la­tion, I will for­mu­late a rule which says that for ev­ery one new reg­u­la­tion, two old reg­u­la­tions must be elim­i­nated, it’s so im­por­tant.

“On na­tional se­cu­rity, I will ask the Depart­ment of De­fence and the Chair­man of the Joint Chiefs of Staff to de­velop a com­pre­hen­sive plan to pro­tect Amer­ica’s vi­tal in­fra­struc­ture from cy­ber-at­tacks, and all other form of at­tacks.”

“On im­mi­gra­tion, I will di­rect the Depart­ment of Labour to in­ves­ti­gate all abuses of visa pro­grammes that un­der­cut the American worker.”

“On ethics re­form, as part of our plan to Drain the Swamp, we will im­pose a five-year ban on ex­ec­u­tive of­fi­cials be­com­ing lob­by­ists af­ter they leave the ad­min­is­tra­tion — and a life­time ban on ex­ec­u­tive of­fi­cials lob­by­ing on be­half of a for­eign govern­ment.” — AFP

Sev­eral par­ties claim vic­tory as ten­sions spill out on the streets of Haiti fol­low­ing Sun­day’s elec­tion. — Al Jazeera

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