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President Donald Trump, has fulfilled one of his campaign promises, by yanking the United States of America, USA, out of a major Pacific Trade deal, on Monday.
Recall, that Trump came to office promising to gut existing trade pacts, and reclaim manufacturing jobs lost overseas. Trump had also vowed to renegotiate the North American Free Trade Agreement with Mexico and Canada.
Trump said he had “terminated” the Trans-Pacific Partnership, a trade deal binding the United States, Australia, Canada, Japan, Vietnam, and seven other allies, against the growing Chinese economic clout.

After signing an Executive order, Trump said he would be “going back to those countries one-on-one”, to find terms more favourable to the United States.
“We are going to have trade, but we are going to have one-on-one,” he said.
“And if somebody misbehaves, we are going to send a letter of termination, 30 days, and they will either straighten it out, or we are gone.”
Trump has also vowed to renegotiate the North American Free Trade Agreement with Mexico and Canada.

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