On January 23, 2017, President Donald Trump took action to permanently withdraw the United States from the Trans-Pacific Partnership, a multinational trade agreement.
The President’s memorandum regarding withdrawal of the United States from the Trans-Pacific Partnership negotiations and agreement stated:
“It is the policy of my Administration to represent the American people and their financial well-being in all negotiations, particularly the American worker, and to create fair and economically beneficial trade deals that serve their interests. Additionally, in order to ensure these outcomes, it is the intention of my Administration to deal directly with individual countries on a one-on-one (or bilateral) basis in negotiating future trade deals. Trade with other nations is, and always will be, of paramount importance to my Administration and to me, as President of the United States.
“Based on these principles, and by the authority vested in me as President by the Constitution and the laws of the United States of America, I hereby direct you to withdraw the United States as a signatory to the Trans-Pacific Partnership (TPP), to permanently withdraw the United States from TPP negotiations, and to begin pursuing, wherever possible, bilateral trade negotiations to promote American industry, protect American workers, and raise American wages.”
For more information:
- Read the full Presidential Memorandum regarding the withdrawal of the United States from the Trans-Pacific Partnership Negotiations and Agreement.
- Learn more about the action President Trump took by signing a series of Presidential Memoranda Dealing with trade and other Issues on January 23, 2017.
