washington u.s. president donald trump formally withdraw unite state trans-pacific partnership trade deal monday distance america asian ally china influence region rise fulfil campaign pledge end american involvement 2015 pact trump sign executive order oval office pull unite state 12-nation tpp trump want boost u.s. manufacture say would seek one-on-one trade deal countries would allow unite state quickly terminate 30 days somebody misbehave go stop ridiculous trade deal take everybody country take company country republican president say meet union leaders white house roosevelt room tpp accord back heavily u.s. business negotiate former democratic president barack obama administration never approve congress obama frame tpp exclude china effort write asia trade rule beijing could establish u.s. economic leadership region part pivot asia china propose free trade area asia pacific also champion southeast asian-backed regional comprehensive economic partnership trump spark worry japan elsewhere asia-pacific opposition tpp campaign demand u.s. ally pay security trade stance mirror grow feel among americans international trade deal hurt u.s. job market republicans long hold view free trade must mood change go difficult fight fight say lanhee chen hoover institution fellow domestic policy adviser 2012 republican presidential nominee mitt romney trump reflect trend apparent many years harry kazianis director defense study center national interest think tank washington say trump must find alternative way reassure ally asia could include multiple bilateral trade agreements japan taiwan vietnam approach first key new asia strategy president trump enact say trump also work renegotiate north american free trade agreement provide favorable term unite state tell reporters would meet leaders nafta partner mexico canada get process start new president meet dozen american manufacturers white house monday pledge slash regulations cut corporate tax warn would take action trade deal felt unfair trump take office friday promise bring factories back unite state issue say help win nov. election hesitate call name company think bring outsource production back home say businesses choose move plant outside country would pay price go impose major border tax product come trump say ask group chief executives company include ford motor co dell technologies inc tesla motor inc others make recommendations 30 days stimulate manufacture dow chemical co chief executive officer andrew liveris tell reporters liveris say ceos discuss border tax quite bite trump explain sort industry might help hurt that look would take president word go anything harm competitiveness liveris say go actually make us competitive part meet observe reporters trump provide detail border tax would work u.s. dollar fell seven-week low basket major world currencies monday global stock market shaky amid investor concern trump protectionist rhetoric company want fire people unite state build factory someplace else think product go flow across border unite state go happen say president tell ceos would like cut corporate tax 15 percent 20 percent range current statutory level 35 percent pledge require cooperation republican-led u.s. congress say business leaders tell reduce regulations even important think cut regulations 75 percent maybe trump tell business leaders want expand plant mark want come build big massive plant dell want come something monstrous special go approvals really fast trump say refer mark field ceo ford field say encourage tone meet know come lot confidence president serious make sure unite state economy go strong policies tax regulatory trade drive say trump tell executives company welcome negotiate governors move production state trump pull u.s. pacific trade deal loosen asia tie