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President Donald Trump signed an executive order on Monday morning to withdraw the United States from the Trans-Pacific Partnership.

The move fulfills one of Trump's signature campaign pledges to get out of the sweeping 12-nation trade deal, which he once called "a rape of our country" and said would hurt U.S. jobs.

He pledged in a video shortly after his November election that he would pull out of the deal on Day One of his presidency.

The Asia-Pacific agreement, which the Obama administration negotiated and hoped to ratify before leaving office, is written in such a way that it is effectively dead without the participation of the United States and its huge economy.

Withdrawing from the deal will be welcome news to progressive Democrats and labor groups, some of whom Trump is scheduled to meet with at the White House today. It is likely to anger the other 11 nations involved as well as more mainstream Republicans and economists, some of whom hoped Trump would simply leave the deal alone for a few years - leaving the door open for him or another president to pick it up later.


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