US TPP withdrawal “unfortunate”, says FedEx CEO Fred Smith

US TPP withdrawal “unfortunate”, says FedEx CEO Fred Smith

FedEx founder, chairman and chief executive officer, Fred Smith has described US president, Donald Trump’s decision to withdraw from the Trans-Pacific Partnership “unfortunate” and says China will benefit.

In an interview with Fox Business, Smith discusses what he sees as the impact on trade and the effects it could have on the US.

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