By Robert Donachie
Former New York City Mayor Michael Bloomberg said that the U.S. is
“headed in the wrong direction,” reportedly because of what
President-elect Donald Trump promises to do while in office.
Opposition to free trade agreements is a centerpiece of Trump’s
presidential campaign, which is potentially interesting, since free
trade agreements are long a key component of the Republican Party
platform. The president-elect promised the U.S. would renegotiate, or
completely withdraw from, nearly every trade deal the nation has struck
in the past century. Trump plans
to “immediately renegotiate the terms,” of NAFTA, and if nations “don’t
agree to a renegotiation,” the U.S. will “withdraw from the deal,”
altogether. The president-elect also promises to take a hard stance
against China, and to “withdraw from the Trans-Pacific Partnership.”
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