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Trump pulls US out of Trans-Pacific Partnership

President Donald Trump ended U.S. participation in the Trans-Pacific Partnership trade agreement, The Washington Post reported Jan. 23.

The trade agreement, commonly called the TPP, involved 11 countries besides the U.S. — Japan, Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

Trump signed an executive order affirming the withdrawal following a meeting about the U.S. manufacturing industry held with business executives, the publication added. The Post also noted that the move was largely symbolic as Congress would likely not have approved TPP participation anyway.