President Obama Officially Deserts The TPP Trade Deal

Leaders in Congress reportedly said the Trans-Pacific Partnership wouldn't fly because of the results of the 2016 election.
SMS
President Obama Officially Deserts The TPP Trade Deal

President Barack Obama has officially deserted the Trans-Pacific Partnership.

The administration gave up on the deal Friday as leaders in Congress reportedly said it wouldn't pass after the results of the 2016 presidential election — despite having overwhelming support from Republicans a little over a year ago.

SEE MORE: TPP: Protests Over Something You May Never Have Heard Of

President-elect Donald Trump has spoken out against the deal several times and called it a "disaster." And in recent months, the U.S. has experienced an apparent wave of anti-trade sentiment.

If passed, TPP would have linked the U.S. to 11 other countries and cut tariffs on a variety of goods.

Featured Stories
Rex Tillerson

Tillerson On Why He's Different: 'I Didn't Want This Job'

Emergency responders and victims of terror attack near UK's Parliament.

4 Dead, 20 Injured In Terror Attack Near UK's Parliament

Paul Manafort at the Republican National Convention.

Former Trump Campaign Chief Promoted Russia's Interests, Report Says