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Trump Says US to Negotiate Bilateral Trade Deals After Exit From TPP

© AP Photo / Pablo Martinez MonsivaisPresident Donald Trump waves as he arrives on Air Force One at Philadelphia International Airport
President Donald Trump waves as he arrives on Air Force One at Philadelphia International Airport - Sputnik International
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The United States will negotiate bilateral trade deals after having left the Trans-Pacific Partnership (TPP) free trade agreement, President Donald Trump told a gathering of Republican lawmakers on Thursday.

WASHINGTON (Sputnik) — Trump added that new trade deals would be individually reached and would no longer be a "mash pot."

"We've also withdrawn from the Trans-Pacific Partnership paving the way to new one-on-one trade deals that protect and defend the American worker, and believe me we're going to have a lot of trade deals," Trump said at the annual Congressional Republicans’ policy retreat in Philadelphia, Pennsylvania.

Delegates show their opposition to the Trans-Pacific Parternership Agreement (TPP) during Day 1 of the Democratic National Convention at the Wells Fargo Center in Philadelphia, Pennsylvania, July 25, 2016. - Sputnik International
Why Trump Snubbing TPP Will Benefit States Supposed to Profit From Deal the Most
On Monday, US President Donald Trump signed an executive order withdrawing the United States from the TPP, fulfilling his campaign pledges.

Trump has not been in favor of the free trade agreement between Washington and 11 other Pacific-Rim states and has repeatedly voiced the necessity to replace multilateral agreements by bilateral deals that would be more beneficial for the United States.

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