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President Donald Trump has begun carrying out his campaign pledges to undo Americas trade ties starting Monday with executive action to pull the United States out of the TransPacific Partnership. Great thing for the American worker, what we just did, Trump told reporters Monday in the Oval Office as he signed the order. Executive orders: What Trump can and cant do Heres what you need to know about Trumps move: What did Trump do today? Trump formally withdrew the United States from the TransPacific Partnership a 12nation deal that had been negotiated under former President Barack Obama. Nothing changes because of Trumps move. Congress had not yet approved the TPP its fate was bleak on Capitol Hill no matter what the White House did and the deal had not yet taken effect. However, by pulling the United States out of the deal, Trump fulfilled a campaign promise. And in doing so, he ends all hopes for a deal Obama wanted as a major part of his legacy. The TPP which has also included Canada, Mexico, Japan, Australia, New Zealand, Chile, Peru, Malaysia, Singapore, Vietnam and Brunei would have slashed tariffs for American imports and exports with those countries. In exchange, the United States had negotiated labor, environmental and intellectual property protections that major businesses sought. The deals critics complained that it didnt directly address the issue of currency manipulation. Now the pressure is on Trump Trump on Sunday announced hed start to renegotiate the North American Free Trade Agreement. On Monday, he pulled the United States out of the TransPacific Partnership. He has now taken firm control of the trade rules he long decried, and is in position to reverse decades of American presidents pushing for lower trade barriers and an interconnected global economy. In other words: Now, the pressure is really on. Trumps bet is that, through his negotiating prowess, force of will and willingness to walk away from the table, he can convince other countries to accept terms that previous presidents from George H.W. Bush and Bill Clinton on NAFTA to Barack Obama on the TPP have not been able to achieve. The task is difficult even though Trumps move to withdraw from the TPP is likely to be politically popular. Even Vermont Sen. Bernie Sanders a leading Trump critic praised it, saying he is glad the TransPacific Partnership is dead and gone. Now is the time to develop a new trade policy that helps working families, not just multinational corporations, Sanders said in a statement. If President Trump is serious about a new policy to help American workers then I would be delighted to work with him. What this means for globalization Until Trump negotiates his own bargains, hes betting he can reverse the decadeslong trend of globalization. He faces a lot of skeptics. Big businesses are howling that Trump is undercutting their ability to sell to the vast majority of the worlds consumers a particularly damaging move if manufacturing jobs that have already left the United States are gone for good. Republicans have long supported free trade and now find themselves torn between a protectionist President and a business community that sees Trumps position as detached from the reality that new technology, rising wages and an increasingly interconnected world mean that many manufacturing and lowskill jobs wont return to the United States; that goods are sold cheaper in the United States because they are made overseas; and that American companies also benefit from trade deals, making trillions of dollars selling their own products oversees.