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Trump Promises to Withdraw from TPP, Promote Oil Drilling & Repeal Regulation

HeadlineNov 22, 2016

President-elect Donald Trump released a YouTube video Monday outlining plans to withdraw immediately from the massive Trans-Pacific Partnership trade deal, promote oil and gas extraction in the United States and roll back regulations.

President-elect Donald Trump: “I’ve asked my transition team to develop a list of executive actions we can take on day one to restore our laws and bring back our jobs. It’s about time. These include the following: On trade, I am going to issue our notification of intent to withdraw from the Trans-Pacific Partnership, a potential disaster for our country. Instead, we will negotiate fair, bilateral trade deals that bring jobs and industry back onto American shores. On energy, I will cancel job-killing restrictions on the production of American energy, including shale energy and clean coal, creating many millions of high-paying jobs. That’s what we want. That’s what we’ve been waiting for. On regulation, I will formulate a rule which says that for every one new regulation, two old regulations must be eliminated.”

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