November 22, 2016

"In a video issued Monday, US President-elect Donald Trump said he would pull America out of the Trans-Pacific Partnership (TPP) trade deal the first day he takes office. He called the TPP "a potential disaster" for the US. Trump reemphasized the position he campaigned on. If nothing unexpected happens, the death of the TPP is inevitable.

Apart from withdrawing from the TPP, the to-do list Trump outlined for his first 100 days in the White House spans energy, regulations, cyber security, visa abuse and lobbying bans. When making the six policy promises, Trump didn't mention anything about declaring China a currency manipulator. 

The economic cornerstone of the US Asia-Pacific rebalancing strategy, the TPP is considered one of the major diplomatic legacies of President Barack Obama. Throwing it into the dustbin of history is a bold move by Trump. Japanese Prime Minister Shinzo Abe is a strong opponent of the move. "

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