those jobs now for free and we still couldn t compete. reporter: it is a difficult reality he and millions of americans fear will only intensify with a transpacific partnership or tpp which the president-elect says will go. i m going to issue a notification of intent to withdraw from the transpacific partnership. a potential disaster for our country. reporter: it s a free trade agreement between the united states and 11 other countries including japan, mexico and vietnam that would lower trade barriers and taxes for u.s. goods. the winners in global trade deals often consumers who pay lower prices. the losers are often american workers forced to compete with lower cost competition overseas. it s not possible to save all our jobs and have markets in the world open to american goods. weep got to have some tradeoff and that tradeoff tends to be low value manufacturing jobs. reporter: in baltimore, he says ttp would help him add
deal saying it will cost americans jobs. i am going to issue a notification of intent to withdraw from the trans-pacific partnership. a potential disaster for our country. i hope ste instead, we will have trade deals to bring industry back on american shores. donald trump s determination to abandon the tpp has other nations that signed on to the pact worried to say the least. joining us with the latest is andrew stevens live this morning in hong kong. andrew, the tpp was a way to compete with china in that region as far as trade goes. this has to be welcome news for beiji beijing. reporter: absolutely. there s been a lot of concern that the u.s. is now pulling out of the tpp. the new zealand prime minister said we want america in the region. we like america in the region. if they pull out of the tpp, that will leave a vacuum and it
male vo: no one deserves a warmer welcome home. that s why we re hiring 10,000 members of the military community by the end of 2017. i m very proud of him. male vo: comcast. on trade, i am going to issue a notification of intent to withdraw from the trans-pacific partnership, a potential disaster for our country. instead, we will negotiate fair, bilateral trade deals that bring jobs and industry back onto american shores. joining me now to react to donald trump s new policy video is the man challenging nancy pelosi, tim ryan. thanks for joining me tonight. thanks for having me.
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a notification of intent to withdraw from the transpacific partnership, a potential disaster for our country. instead, we will negotiate fair bilateral trade deals that bring jobs and industry back onto american shores. on regulation, i will formulate a rule which says that for every one new regulation, two old regulations must be eliminated. so important. in the video, trump steered clear of some of his biggest campaign promises, cluding repealinobamacare and building a wall along the u.s./mexico border. his transition briefly offered only this on immigration on immigration, i will direct the department of labor to investigate all abuses of visa programs that undercut the american worker. the video was created and distributed bit president-elect transition team and was closed to the press. trump has not held a formal news conference since july.