Donald Trump’s withdrawal from TPP could significantly affect US companies

The risk profiles of tech companies, including Google, Facebook will increase if the United States withdraws from the TPP, especially in the light of the European Court of Justice’s ruling in the wake of mass surveillance in the United States.

In a video released by U.S. President-elect Donald Trump which lays out his proposed plan of action when he takes office on January 20, the United States will take steps to withdraw from the Trans-Pacific Partnership trade deal.

Furthermore, Trump has also stated that he would issue a rule to cut government regulations, cancel restrictions on energy productions, including coal, shale and gas and direct the Labour Department to investigate abuses into the country’s visa programs.

Advertisements


Categories: Creativity, Economy & Finance, Entrepreneurship, Geopolitics, HR & Organization, Regulations & Legal, Strategy, Sustainability

Tags:

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: