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Trump executive order pulls out of TPP trade deal

President Donald Trump has fulfilled a campaign pledge by signing an executive order to withdraw from the Trans-Pacific Partnership (TPP). The trade deal, a linchpin of ex-President Barack Obama&;s Asia policy, was signed by 12 nations. He also cut funding for international groups that provide abortions, and froze hiring of some federal workers. Also Mr Trump pledged to "massively" cut regulations and taxes on companies, but impose "a very major border tax" if they move factories outside the US. The US Senate will meanwhile vote on his nomination of Mike Pompeo to be CIA director.