The tragedy of killing TPP

With a stroke of the pen, President Trump has eliminated one of the most significant poverty-reduction measures that would have been enacted this decade. 

Negotiations for the Trans-Pacific Partnership took half a decade and covered 40 percent of the world’s economy. While the agreement was already on death row thanks to a lack of support from Congress, President Trump’s executive order withdrawing US involvement sends a clarion signal about his administration’s outlook on trade.

Supported by Presidents Obama and George W. Bush, the TPP would have been overwhelmingly positive for both the United States and the rest of the world.

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26 Jan 2017

Published by

Boston Globe