Withdrawl from TPP and Farmer Reaction
President Trump has made good on a campaign promise to ditch the Trans-Pacific-Partnership. He has signed a memorandum to start the process of withdrawing from the 12 nation trade deal. White House Chief of Staff Reinse Priebus made sure those gathered understood which orders the President was signing.
Politco reports withdrawing from the deal will be welcome news to progressive Democrats and labor groups, some of whom Trump is scheduled to meet with at the White House today. It is likely to anger the other 11 nations involved as well as more mainstream Republicans and economists, some of whom hoped Trump would simply leave the deal alone for a few years - leaving the door open for him or another president to pick it up later.
Brian Duncan is a grain and livestock farmer from Polo, Illinois and is very concerned with the President’s actions and how it will impact agricultural trade.
Duncan says the way to increase agricultural prices is to improve market access. He made his comments on Illinois Public Media’s morning talk show the 21st. Here you’ll find links to the show highlighting trade, agriculture, and the Trump administration.