The TPP is DOA.
President Donald J. Trump signed an executive order Monday announcing the U.S. will withdraw from negotiating the TPP, or Trans-Pacific Partnership deal.
"Great thing for the American worker, what we just did," he told the press corps after signing, as his chief adviser Steve Bannon, former executive editor of the alt-right platform Breitbart.com, looked on with a tight grin.
During a campaign stop in Ohio this summer, Trump said, "The Trans-Pacific Partnership is another disaster done and pushed by special interests who want to rape our country, just a continuing rape of our country."
As divisive as that language sounds, whoever got into the White House was likely to ditch the TPP. Hillary Clinton, adopting a progressive issue from Bernie Sanders, also came out against the deal during her run, saying in August, "I will stop any trade deal that kills jobs or holds down wages, including the Trans-Pacific Partnership. I oppose it now, I'll oppose it after the election and I'll oppose it as president."