U.S. President Donald Trump signs an executive order on U.S. withdrawal from the Trans Pacific Partnership while flanked by Vice President Mike Pence (L) and White House Chief of Staff Reince Priebus (R) in the Oval Office of the White House in Washington January 23, 2017. REUTERS/Kevin Lamarque
WASHINGTON (Reuters) - U.S. President Donald Trump formally withdrew the United States from the Trans-Pacific Partnership trade deal on Monday, distancing America from its Asian allies, as China's influence in the region rises.
Fulfilling a campaign pledge to end American involvement in the 2015 pact, Trump signed an executive order in the Oval Office pulling the United States out of the 12-nation TPP.
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