SINGAPORE (Nov 8): US presidential hopeful Donald Trump says countries in Asia such as China, India and Singapore are stealing jobs from Americans, and vows to stop “job-killing” trade deals such as the Trans-Pacific Partnership (TPP). "America has lost 70,000 factories since China entered the World Trade Organisation, another Bill- and Hillary-backed disaster," said Trump. “It's getting worse and worse and worse.”To this end, Trump vowed to stop the Trans-Pacific Partnership, which Democratic rival Hillary Clinton has called the “gold standard” of trade deals. The TPP, he claims, would kill off American jobs. Another trade deal, the North American Free Trade Agreement (NAFTA), is also in Trump’s crosshairs.

Source: The Edge Markets November 08, 2016 09:23 UTC