Arizona Sen. John McCain expressed disappointment over President-elect Donald Trump’s decision to stand by his position on the controversial Trans-Pacific Partnership (TPP) deal, according to a Tuesday report from The Hill.
“The President-elect’s announcement that he intends to withdraw from the Trans-Pacific Partnership, though anticipated, is still a disappointment to those of us who still believe in free trade and the importance of America’s strategic role in the Asia-Pacific region,” McCain said in an official press release.
“Already, China is intensifying its push for a new regional trade agreement, which excludes the United States,” he said. “America and the world paid a heavy price in the 1920s and 1930s when we tried to isolate ourselves from the world, including through disastrous protectionist policies,” McCain concluded.
Trump released a video Monday in which he discussed some of the items he plans to address during his first day in office, and getting rid of the TPP deal was high up on the list.
“I want the next generation of production and innovation to happen right here, in our great homeland: America — creating wealth and jobs for American workers,” Trump said in the video.
“America must press forward with a positive trade agenda in the Asia-Pacific that will keep American workers and companies competitive in one of the most economically vibrant and fastest-growing regions in the world,” McCain said. “But have no doubt, withdrawing from TPP will have serious consequences for American workers and American national security.”
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