SBS AFRICAN

Trump signs US out of Trans-Pacific trade partnership

A screen on a street in Tokyo shows news of Donald Trump's inauguration as US president. Source: SBS

US President Donald Trump has formally abandoned the Trans-Pacific trade Partnership (TPP).Mr Trump sharply criticised the partnership agreement during last year's election campaign, calling it a bad deal for American workers.Julia Calixto reports.

Donald Trump has signed an executive order to formally withdraw the United States from the Trans-Pacific Partnership deal, the TPP.

It undoes decades of economic policy work to lower trade barriers across 12 countries.

In an Oval Office ceremony, White House Chief of Staff Reince Priebus handed the documents to Mr Trump.

Mr Trump also signed a federal hiring freeze, but exempted the military.

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