Enlarge (credit: Transition 2017)

US president-elect Donald Trump has confirmed that the US will pull out of the Trans-Pracific Partnership (TPP)—a trade deal involving 12 Pacific rim nations—”on day one” of his presidency.

Trump, in a YouTube video outlining plans for his first 100 days in office, said: “I’m going to issue our notification of intent to withdraw from the Trans-Pacific Partnership, a potential disaster for our country.”

He added: “Instead, we will negotiate fair, bilateral trade deals that bring jobs and industry back on to American shores.”