Thursday, January 26, 2017

Turkey-US relations in Trump era: Facts and expectations

Cemil Ertem

Daily Sabah - January 16, 2017

One of the first things that U.S. President Donald Trump approved after he took office on Friday was the U.S.'s withdrawal from the Trans-Pacific Partnership (TPP) agreement that covers 12 countries in Asia Pacific. He said the annulment of the agreement is important for employment in the U.S.  The agreement had been negotiated by former President Barack Obama for two years, but it was not endorsed by the U.S. Congress.  Experts suggest that the U.S.'s withdrawal from the TPP will not have a direct impact on the national economy, emphasizing that Trump will follow quite different economy and trade policies from Obama. In addition to the TTP, Trump also opposes the Transatlantic Trade and Investment Partnership (TTIP) which proposes a new foreign trade regime between the U.S. and the EU. One of Trump's most striking assertions is to make history as a U.S. president that will bring the greatest boost in employment in the country's history.