Trump signs executive order to withdraw from Trans-Pacific trade deal

President Donald Trump signed an executive order on Monday morning to withdraw the United States from the Trans-Pacific Partnership.

The move fulfills one of Trump's signature campaign pledges to get out of the sweeping 12-nation trade deal, which he once called "a rape of our country" and said would hurt U.S. jobs.

He pledged in a video shortly after his November election that he would pull out of the deal on Day One of his presidency.

The Asia-Pacific agreement, which the Obama administration negotiated and hoped to ratify before leaving office, is written in such a way that it is effectively dead without the participation of the United States and its huge economy.

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