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Trump Dumps Industry-Supported Trans-Pacific Partnership

Executive Summary

In an executive memorandum, President Trump formally pulled the US out of the Trans-Pacific Partnership (TPP) trade agreement that had been negotiated with 11 other countries and strongly supported by the device industry. Medtech industry groups tried to put a good face on things, saying they look forward to working with the new administration on bilaterial agreements to further open markets in Asia and elsewhere.

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