The zombie TPP is finally put out of its misery, but not before the Times has a last bit of fun:
Trump Abandons Trans-Pacific Partnership, Obama’s Signature Trade Deal
The NYT website lead is even more comical:
I guess "In A Blow To Obama's Legacy Trump Rejects Pacific Trade Deal Hillary Had Disavowed" was too long. Or honest.
Peter Baker's lead:
WASHINGTON — President Trump formally abandoned the Trans-Pacific Partnership on Monday, pulling away from Asia and scrapping his predecessor’s most significant trade deal on his first full weekday in office, administration officials said.
Mr. Trump sharply criticized the partnership agreement during last year’s campaign, calling it a bad deal for American workers. Although the deal had not been approved by Congress, the decision to withdraw the American signature at the start of Mr. Trump’s administration is a signal that he plans to follow through on promises to take a more aggressive stance against foreign competitors.
The opposition to the deal was bipartisan so the normal Times posture of "OMG look at Trump's latest stupidity!" is tricky. The truth starts oozing out in paragraph nine:
The Obama administration arduously negotiated the Pacific trade pact over eight years. Under legislation passed by Congress, the accord could not be amended once completed, nor could it be joined without congressional approval. Mr. Obama never submitted the partnership for approval, understanding that a defeat in Congress would be worse than leaving the deal in hibernation.
Paragraph ten provides more hints as to the opposition:
In discarding the Trans-Pacific Partnership, or T.P.P., Mr. Trump tacked away from his Republican allies in Congress who have long supported such trade agreements. Speaker Paul D. Ryan worked closely with Mr. Obama to pass legislation granting the president so-called fast-track authority to negotiate the trade agreement over the objections of many Democrats. But amid opposition, Congress never approved the deal itself.
The Times finally breaks on through to the other side in paragraphs twelve and thirteen of a fourteen paragraph article:
Mr. Obama and his Republican allies argued that the pact would open growing foreign markets to American businesses. But Democrats, ultimately including Hillary Clinton, even though she had helped push negotiations forward as secretary of state, said it would benefit wealthy corporations at the expense of workers and the environment.
Mr. Trump sided with them, and he beat Mrs. Clinton in crucial Midwestern industrial states like Michigan and Wisconsin that had traditionally gone Democratic but have been hurt by changes in manufacturing over recent decades.
Donald, Bernie and Hillary opposed the TPP, at least two of them sincerely. Some legacy.