Donald Trump said Monday he would move to pull out of the Trans-Pacific Partnership (TPP) trade deal the day he takes office, in line with a central campaign pledge.
European Union foreign ministers conceded Sunday that they will have to wait to see what moves US president-elect Donald Trump makes in the weeks ahead and work on strengthening Europe's role in world affairs until the future of transAtlantic relations becomes clearer.
The EU has warned the Prime Minister against speedily setting up a trade deal with America after Donald Trump’s victory.
A protectionist US president and increased European suspicion of a Trump-led America undermine the prospects of a planned transatlantic free trade agreement between the European Union and the United States.
The hostility toward trade agreements witnessed in the United States and other countries is misplaced and protectionist measures can hurt the poorest most, the head of the world's leading trade body said Monday.