In his microblog, 45th U.S. President Donald Trump stated that the membership in the World Trade Organization and Transpacific Partnership is not serving U.S. interests, emphasizing that bilateral agreements work more effectively and are more advantageous forms of trade partnership, UNN reports quoting U.S. President’s Twitter.
“Though Japan and South Korea want that we return to TPP, I do not like this deal for U.S. It has too many obligations and no possibility to withdraw from it, if it does not work out”, the Head of White House wrote.
“The bilateral deals are much more effective, advantageous, they are better for our employees. Look how bad the World Trade Organization is”, Trump added.
It should be reminded that according to Reuters, U.S. President Donald Trump intends to weaken the set of restrictions on shipments of arms and military equipment to other countries. It will be included in the new strategy of U.S. administration, which the representative can represent this week.