On his first day of work US President has signed an order to withdraw from the free-trade deal.
US President Donald Trump has formally withdrawn the United States from the Trans-Pacific Partnership (TPP).
In one of his first acts in office Trump signed an executive order on Monday morning (Tuesday morning NZ time) to pull out of the world’s biggest free-trade deal – signed in Auckland last year.Trump has repeatedly expressed his opposition to free-trade deals and was also set to sign an order to renegotiate the North American Free Trade Agreement (Nafta) deal between the US, Canada and Mexico.
On Monday Prime Minister Bill English warned that the TPP withdrawal would be bad for both New Zealand and the United States.
(ed:..i am agnostic on this one – as the evidence presented by the anti-tpp activists here seems to indicate new zealand was being screwed in this deal – and giving up our sovereignty on so many fronts..)