1. President Donald Trump has pulled the United States out of the hotly debated Trans-Pacific Partnership, or TPP. This is a trade deal between the U.S. and 11 other nations in the Pacific Ocean. On the surface, this doesn't really change much. The TPP isn't law because Congress hasn't voted to ratify it. So the American economy won't be facing any changes any time soon. All this move does is ensure Trump has fulfilled a campaign promise.
2. While some democrats, including Bernie Sanders, support the move, others see Trump pulling out of the TPP has a signal that he will move on to renegotiate the North American Free Trade Agreement, or NAFTA. And Trump announced he planned to do just that on Sunday. NAFTA has been in effect for many years and changes to that deal would ultimately affect the American (and world) economy. Many critics of both trade deals say they benefit corporations much more than the average worker.
3. So, should America stop participating in the global economy?