Editor in Chief: Moh. Reza Huwaida Saturday, June 23rd, 2018

Trump Signs Three Memorandums

Trump Signs Three Memorandums

WASHINGTON - U.S. President Donald Trump on Monday signed three memorandums, ordering the withdrawal from the Trans-Pacific Partnership (TPP), a freeze on federal hiring and a ban on financing pro-abortion programs abroad with U.S. federal funds.
"We've been talking about this for a long time," Trump said as he signed the paper ordering the exit from TPP.
"Great thing for the American worker, what we just did," Trump said as he held up the signed document to the press.
The White House has yet to release the details of the executive order.
The TPP, a free trade pact between 12 Asia-Pacific countries, was formally signed by ministers from these 12 countries in last February after more than five years' negotiation.
Trump's action on Monday was considered as a symbolic move, as the U.S. Congress hasn't approved the deal yet. However, the move indicated that the new administration is actually shifting trade policies from previous U.S. norms.
Trump has also said he would renegotiate the North American Free Trade Agreement with the Canadian and Mexican governments, seeking a better deal for the United States.
International institutions such as the World Bank and the International Monetary Fund have warned that the inward-looking policy and protectionism could be a threat to global growth.

Trump then signed an order that put a freeze on hiring employees from federal agencies. (Xinhua)