Trump Pledges to Kill TPP Trade Deal on 1st Day in Office
President-elect Donald Trump says his first day in office will include issuing formal notification the United States is withdrawing from the Trans-Pacific Partnership, part of a series of moves based on his focus on "putting America first."
In a video message posted to YouTube Monday, Trump called the TPP a "potential disaster" for the U.S. "Instead, we will negotiate, fair, bilateral trade deals that bring jobs and industry back onto American shores," he said.
Throughout his campaign for president Trump opposed the TPP, which involves 12 Asia-Pacific nations, as well as the North American Free Trade Agreement with Canada and Mexico. He touted his negotiating ability and said he would get new agreements that benefit the U.S.
Ministers from TPP countries signed the agreement in February 2016, saying their goal was to "enhance shared prosperity, create jobs, and promote sustainable economic development for all of our nations." President Barack Obama supported the pact, but Congress never gave the necessary approval for the U.S. to formally join.
Without the U.S., the TPP cannot go into effect. That is because of a provision that says it either needs to be approved by all 12 signatories, or by at least six of them if they together account for 85 percent of the combined gross domestic product of the entire group. The United States represents 60 percent of the combined GDP, so there is no way to meet that 85 percent threshold without U.S participation.
The Obama administration touted the TPP as a benefit for workers in the U.S. and the other 11 countries because of new standards for wages, hours, working conditions and prohibitions against child labor. Officials also said U.S. companies, particularly small businesses, would be able to vastly expand their exports through the elimination of tariffs, and that the deal would bring stronger standards for transparency, anti-corruption, and environmental protection.
The promises Trump spelled out Monday did not include anything about his much-touted wall at the U.S.-Mexican border.
He said he would tell the Department of Labor to investigate "abuses of visa programs that undercut the American worker" and ask the Defense Department to come up with a plan to protect the country's vital infrastructure from "cyberattacks and all other form of attacks."
Trump wants to do away with regulations targeting the energy industry which he says will create "many millions of high paying jobs." And as part of his plan to reform government, Trump wants any new regulation to come in only with the elimination of two existing ones.
He said his transition team is working "very smoothly, efficiently and effectively," and continued meeting with a parade of people being considered for jobs in the incoming administration.
Trump planned to leave New York on Tuesday or Wednesday to spend the Thanksgiving holiday at his Florida resort.
Police in Texas Arrest Suspect Who Killed Cop
Texas police have arrested a suspect in the fatal shooting of a Texas policeman, one of four officers shot in the line of duty Sunday in multiple states.
Police say the 31-year-old suspect, Otis McKane, was arrested without incident Monday evening following an extensive manhunt. They say they do not yet know the motive for the shooting.
The San Antonio detective was killed as he sat in his police car during a routine traffic stop outside the city's police headquarters.
Officials say the gunman pulled his car behind the policeman, walked up to the squad car, and shot the officer in the head through the car window.
Also Sunday, there were shootings of police officers in Missouri and Florida, resulting in injuries.
Attorney General Loretta Lynch said Monday that the shootings are "reprehensible acts" that "cannot be tolerated." She said recent statistics show that 2016 has been an especially dangerous year for police officers, with a significant increase in the number of officers killed in the line of duty.