Donald Trump vows to quit trade pact and put America first

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Donald Trump has confirmed he will leave a key trade pact as he defended his worldwide business interests&period;<&sol;p>&NewLine;<p>The US president-elect released a short video about his plans for his administration&comma; which included the intention to quit the Trans-Pacific Partnership &lpar;TPP&rpar;&period;<&sol;p>&NewLine;<p><i>&&num;8220&semi;I am going to issue a notification of intent to withdraw from the Trans-Pacific Partnership&comma; a potential disaster for our country&comma;&&num;8221&semi;<&sol;i> Mr Trump said&period;<&sol;p>&NewLine;<p><i>&&num;8220&semi;Instead&comma; we will negotiate fair&comma; bilateral trade deals that bring jobs and industry back onto American shores&period;&&num;8221&semi;<&sol;i><&sol;p>&NewLine;<p>Mr Trump said in the video he is assembling a Cabinet made up of <i>&&num;8220&semi;patriots&&num;8221&semi;<&sol;i> and that his agenda <i>&&num;8220&semi;will be based on a simple core principle &&num;8211&semi; putting America first&&num;8221&semi;&period;<&sol;i><&sol;p>&NewLine;<p>He repeated a number of his promises for the first 100 days of his administration&comma; including vows to negotiate new trade deals&comma; remove regulations on businesses and establish a five-year ban on executive officials becoming lobbyists&period;<&sol;p>&NewLine;<p>Notably missing from his promises is his pledge to repeal the Affordable Care Act and his vow to build a southern border wall with Mexico&period;<&sol;p>&NewLine;<p>The president-elect later appeared to deny that he is using the powers of his future office to benefit his businesses worldwide&period; He tweeted&colon; <i>&&num;8220&semi;Prior to the election it was well known that I have interests in properties all over the world&period;Only the crooked media makes this a big deal&excl;&&num;8221&semi;<&sol;i><&sol;p>&NewLine;<p>Prior to the election it was well known that I have interests in properties all over the world&period;Only the crooked media makes this a big deal&excl;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;99541" aria-describedby&equals;"caption-attachment-99541" style&equals;"width&colon; 600px" class&equals;"wp-caption aligncenter"><a href&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2016&sol;11&sol;donaldTrumpThirdDebateGrimace&lowbar;large&period;jpg"><img src&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2016&sol;11&sol;donaldTrumpThirdDebateGrimace&lowbar;large&period;jpg" alt&equals;"President-elect Donald Trump" width&equals;"600" height&equals;"325" class&equals;"size-full wp-image-99541" &sol;><&sol;a><figcaption id&equals;"caption-attachment-99541" class&equals;"wp-caption-text">President-elect Donald Trump<&sol;figcaption><&sol;figure>&NewLine;<p>Mr Trump has said repeatedly that he will leave his company to his children and have no interest in it &&num;8211&semi; but three of his adult children are also playing key roles in his transition&period;<&sol;p>&NewLine;<p>Japan&&num;8217&semi;s prime minister said the TPP trade deal would be <i>&&num;8220&semi;meaningless&&num;8221&semi;<&sol;i> without US participation&period;<&sol;p>&NewLine;<p>Shinzo Abe was speaking after attending a weekend meeting of Asia-Pacific leaders in Peru at which some said they might try to modify the 12-nation TPP pact to make it more appealing to Mr Trump or seek to implement it without the US&period;<&sol;p>&NewLine;<p>But Mr Abe discounted the idea of going ahead without the Americans being a part of the deal&period;<&sol;p>&NewLine;<p><i>&&num;8220&semi;TPP is meaningless without the United States&comma;&&num;8221&semi;<&sol;i> he said during an official visit to Argentina&period;<&sol;p>&NewLine;<p>He also said the pact could not be renegotiated&colon; <i>&&num;8220&semi;This would disturb the fundamental balance of benefits&period;&&num;8221&semi;<&sol;i><&sol;p>&NewLine;<p>As Japan&&num;8217&semi;s most powerful leader in a decade&comma; Mr Abe had invested political capital in overcoming strong domestic opposition to the TPP&period;<&sol;p>&NewLine;<p>Mr Abe and the other 20 leaders of the Asia-Pacific Economic Co-operation group closed their annual summit on Sunday with a call to resist the protectionist sentiment highlighted by Mr Trump&&num;8217&semi;s victory and Britain&&num;8217&semi;s vote to leave the European Union&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ec9ebae87f7">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; 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