Trump Withdraws U.S. From Trans-Pacific Partnership

President Trump formally pulled the U.S. out of the Trans-Pacific Partnership, the 12-nation trade agreement that was negotiated by Barack Obama and became a lightning rod for criticism in the 2016 election, the Wall Street Journal reports.

“The memorandum announcing Mr. Trump’s decision was largely symbolic, because congressional leaders and the Obama administration had signaled in November that no near-term vote would be held on the TPP.”