[WATCH] Donald Trump to 'withdraw from Trans-Pacific Partnership' on day one
The US President-elect, Donald Trump, has released a video update on his transition and policy plans for his first 100 days in offic, which includes issuing a note of intent to withdraw from the Trans-Pacific Partnership
US President-elect Donald Trump has issued a video outlining his policy plans for his first 100 days in office and vowing to issue a note of intent to withdraw from the Trans-Pacific Partnership (TPP) “from day one”.
The 12-nation TPP is Democratic President Barack Obama's signature trade initiative and was signed by the United States earlier this year but has not been ratified by the US Senate.
The President-elect said that “our transition team is working very smoothly, efficiently, and effectively”. He said that he was going to issue a note of intent to withdraw from the TPP trade deal, calling it “a potential disaster for our country”. Instead he said he would “negotiate fair bilateral trade deals that bring jobs and industry back”.
"My agenda will be based on a simple core principle: putting America first. Whether it’s producing steel, building cars or curing disease, I want the next generation of production and innovation to happen right here on our great homeland, America, creating wealth and jobs for American workers," he said.
Hours before Trump’s announcement, Japan’s prime minister, Shinzo Abe, warned that the TPP would be “meaningless” without US participation, adding that the pact could not be renegotiated. “This would disturb the fundamental balance of benefits,” he said.
Trump also said he would cancel some restrictions on producing energy in the United States on his first day in office, particularly shale oil and "clean coal," which he said would create "many millions of high-paying jobs."
Furthermore, he promised to direct the Labour Department to investigate abuses of visa programmes for immigrant workers. The main US visa programme for technology workers could face tough scrutiny under Trump and his proposed attorney general, US Senator Jeff Sessions, a long-time critic of the programme.