While you were sleeping: Trump axes trade deal

Mon, 23 Jan 2017

By Margreet Dietz Jan. 24 (BusinessDesk) - Stocks fell on both sides of the Atlantic as President Donald Trump formally ordered the US to withdraw from the Trans-Pacific Partnership trade deal, bolstering concern about the impact on corporate profits and economic growth. Trump also prepared to sign executive orders to renegotiate the North American Free Trade Agreement, Bloomberg reported, citing an official familiar with the plans. “After a period of investor optimism around Trump comes a time of investor concern connected to his prot...

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