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Right now, the rules of global trade too often undermine our values and put our workers and businesses at a disadvantage, tPP allows America – and not countries like China – to write the rules of the road in the 21st century, which is especially important in a region as dynamic as the Asia-Pacific. Signed in February 2016, the deal was supposed to provoke investment among the 12 regions, which together make up about 40 percent of the global economy, the BBC reported at the time. However, the countries involved needed to ratify the agreement in order for it to actually go into effect. Trump’s presidency, which began less than a year later, complicated that. President Trump withdrew the U.S. from the trade deal through an executive order in January 2017. Last month, the remaining 11 countries signed a deal without the U.S. Delegates rally against the The Trans-Pacific Partnership trade deal at the Democratic National Convention in 2016. ( Reuters/Carlos Barria) Opponents of the deal, including labor unions, argued it would be a threat to manufacturing jobs and encourage exports of jobs to lower-wage countries overseas. If TPP would be enacted, the U.S. would lose 448,000 jobs, according to a study from Tufts University’s Global and Environment Institute. In comparison, the study found a total job loss of 771,000 across all 12 nations involved in the deal combined. Hillary Clinton, the 2016 Democratic presidential nominee, broke with the President Barack Obama administration in opposing the deal. Hillary Clinton expressed concern that it would benefit drug countries and would n’t combat currency manipulation, Time magazine reported. President Trump once called TPP a.

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FOX News 6 years ago
Barack Obama

Barack Obama

Barack Hussein Obama II (born August 4, 1961) is the President-elect of the United States. He is the first African American to be elected President of the United States. Obama was the junior United States Senator from Illinois from 2005 until his resignation on November 16, 2008

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    "Barack Obama Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 20 Apr. 2024. <https://www.quotes.net/citizen-quote/247401>.

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