Trump unveils agenda for first 100 days
President-elect Trump released a video laying out actions he would take on his first day in office on January 20, including his announcement of a full withdrawal of the United States from the Trans-Pacific Partnership by presidential executive order.
TO THE extent the divided American electorate can be said to agree on anything after November 8, it would seem to be broad rejection of “trade deals” such as the Trans-Pacific Partnership (TPP).
Taking to Twitter, President-elect Donald Trump posted a video last night listing executive actions that he intends to implement “on day one” to boost job creation and “restore our law”.
The TPP member countries also include Chile, Mexico, Canada, Peru, Brunei, Malaysia, Singapore, Vietnam and Australia.
The TPP can come into force only if it is approved by six countries that account for at least 85 per cent of the group’s economic output, that makes it crucial for both the United States and Japan – the world’s top and third-largest economies respectively – to confirm.
With Asia Pacific leaders reaffirming their commitment to free trade at the Asia Pacific Economic Cooperation Summit in Peru, Malcolm Turnbull is “confident” that USA president elect Donald Trump will “see the light” and do an about turn on his protectionist stance against the Trans Pacific Partnership (TPP). Not really, say some analysts – most Asian countries already have preferential access to China’s markets under the China-ASEAN free trade agreement of 2010.
Trump, who during the campaign called NAFTA the “worst trade deal ever” and threatened to levy a 35-percent tariff on Mexican-assembled autos and other goods, would have a hard time raising US tariffs without scrapping the agreement, trade experts say.
Fallin, Gabbard and Perry were the latest of dozens of officials who have made their way across the opulent lobby of Trump Tower for talks with the Republican president-elect in a relatively open – and unconventional – transition process since his election victory on November 8.
“The TPP would be meaningless without the United States”, Abe said.
Outgoing President Barack Obama had pushed hard to ratify the pact, which would lower tarrifs, remove trade barriers, and other measures across 12 countries.
Other TPP proponents are more ambivalent.
China declined to join the pact, feeling it was created to isolate the country politically and economically, but the wider implications of the U.S. going back on a trade deal that took seven years to negotiate will likely harm China in the long term.
US President-elect Donald Trump has been disparaged as a fan of Russian President Vladimir Putin.
There have been multiple protests and public condemnations of Trump and his cabinet appointments and little but a few tweets from Trump following the election result – so here he is revealing his plans to fulfill the promise to make America great again.
Following Trump’s election on November 8, the consensus among US lawmakers has been that the TPP will be scrapped. Japan budgeted ¥190 billion, or $1.7 billion, to host USA military bases during fiscal 2015, as part of the costs necessary to station some 54,000 U.S. personnel in the country.
“We had come so far, and we hoped we only had a little way more to go”.
Mr Trump campaigned on a platform about bringing change to Washington and reducing the power of special interests.
Whatever workers’ and employers’ motivation, Trump campaigned against H-1Bs and even if this video did not address them directly, they are nearly certainly among the visa programs the investigation will probe.