However, by pulling the United States out of the deal, Trump fulfilled a campaign promise. In exchange, the United States had negotiated labor, environmental and intellectual property protections that major businesses sought. On Monday, he pulled the United States out of the Trans-Pacific Partnership. Best-case scenario for the United States: Nothing at all, since China wasn't involved in the TPP. But already, Chinese leaders are angling to take the United States' place and expand the country's influence in the region.
Source: CNN January 23, 2017 19:47 UTC