America would withdraw from Trans Pacific Partnership and an investigation will be launched into visa abuses undercutting American workers.
Indian IT companies using the H1B visa program could be impacted by this move.
Obama had led the TPP deal of 12 Pacific Rim countries that exclude China. He had argued that TPP is essential for America to rewrite the rules of global commerce and not China.
Trump has announced he will issue notification of intent from the Trans Pacific Partnership which is a disaster for America.
Instead, the Americans aim to negotiate a fair, bilateral trade deal to bring jobs and industries back to American shores.
Trade, energy, national security, regulation, immigration and ethics reform are six areas to be the focus of administration in initial days.
“Whether it’s producing steel, building cars, or curing disease, I want the next generation of production and innovation to happen right here, in our great homeland: America – creating wealth and jobs for American workers,” said Trump.
His plan for the first 100 days involves cancelling job killing restrictions on coal and shale gas, reducing regulations, devising a plan to protect the vital infrastructure of America from cyber attacks and imposing a 5 year ban on executive officials becoming lobbyists after they leave the government.
There will be a lifetime ban on executive officials lobbying on behalf of an international government.
