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Conor Coyle Sharecast News
22 Nov, 2016 09:16

Trump vows to rip up TPP trade deal on first day of office

US president-elect Donald Trump has laid out his plans for the first 100 days in the Oval Office, promising to withdraw from the Trans Pacific Partnership trade agreement on his first day.

Trump was elected as president after defeating Hillary Clinton on a right-wing populist stance, promising to "Make America Great Again", and in the latest video released by his team he says his main principle will be "putting America first".

The Republican will take over from Barack Obama on 20 January and vowed to get to work quickly on implementing his policies.

"I'm going to issue our notification of intent to withdraw from the Trans-Pacific Partnership, a potential disaster for our country," Trump said in the video released via his Twitter account.

"Instead, we will negotiate fair, bilateral trade deals that bring jobs and industry back onto American shores."

During his campaign earlier this year, the former reality television star referred to the TPP as a "continuing rape" of the US.

Amongst the other executive actions to be carried out by his transition team, Trump also focused on the energy industry, saying he hoped to create more jobs in the area for American citizens.

"I will cancel job-killing restrictions on the production of American energy, including shale energy and clean coal, creating many millions of high-paying jobs," Trump added.

Stopping short of an immigration policy which includes a border wall with Mexico or the deportation of all illegal immigrants, which is what the president-elect promised voters, he said he would instruct his staff to investigate the abuse of Visa programmes.

"I will direct the Department of Labor to investigate all abuses of Visa programmes that undercut the American worker," Trump said.

The TPP is a trade agreement involving 12 nations, with the United States the only one expressing any lack of desire to ratify it, with the likes of Australia, Japan, Malaysia and Mexico all pushing it.

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