TPP trade deal ‘a disaster,’ other countries will ‘dupe’ US

US real estate mogul and billionaire Donald Trump slammed the Obama administration over its Trans-Pacific Partnership (TPP) trade deal, labeling it as disastrous and warning that it will encourage US companies to slash domestic jobs.


“The new trade deal is a disaster,” The Hill quoted Trump as saying at the South Carolina Freedom Summit in Greenville, South Carolina.


“They don’t talk about currency manipulation,” he said. “That’s the tool all these countries are using to beat us.”


Trump stressed that the deal would encourage US companies to move their production abroad, weakening US domestic job market.


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