US President Donald Trump said he's decided to withdraw support for a treaty regulating the multibillion-dollar global arms trade.

It's the latest example of the Trump administration's dislike of international pacts.

Trump said on Friday that he has decided to revoke the United States' status as a signatory of the Arms Trade Treaty regulating international trade in conventional weapons, including small arms, battle tanks, combat aircraft and warships.

He said America was "rejecting this treaty" and "taking our signature back".

Trump made the announcement during a speech in Indianapolis to the National Rifle Association, which claims the treaty poses a threat to the Second Amendment.

The US signed the treaty in 2013 but never ratified it.

POOL

Indianapolis - 26 April 2019

1. Close-up US President Donald Trump saluting then walking to podium

2. SOUNDBITE (English) Donald Trump, US President: ++PARTIALLY OVERLAID++

"Today I'm proud to announce another historic step to protect your Second Amendment rights, and I didn't tell Chris (Cox) and Wayne (LaPierre) and Oliver (North), I didn't even tell them about it. So, they are listening in this big room someplace and they are saying, 'I wonder what he's going to do.' The good thing with me you never know. So in the last administration President Obama signed the UN Arms Trade Treaty and in its waning days in office he sent the treaty to the Senate to begin the ratification process. This treaty threatened your subjugate ... again and you know exactly what's going on here, your rights. And your constitutional and international rules and restrictions and regulations. Under my administration we will never surrender American sovereignty to anyone. We will never allow foreign bureaucrats to trample on your Second Amendment freedom. And that is why my administration will never ratify the UN Arms Trade Treaty. I hope you are happy."

4. Cutaway audience applauding

5. SOUNDBITE (English) Donald Trump, US President:

"I'm impressed. I didn't think too many of you would really know what it is. You know what it is?  A big, big factor. But I see a couple of very happy faces from the NRA over there. And I am officially announcing today that the United States will be revoking the effect of America's signature from this badly misguided treatment. We're taking our signature back."

6. Pan from Trump to audience

7. SOUNDBITE (English) Donald Trump, US President:

"I will sign right now, in front of a lot of witnesses. Like, a lot of witnesses, a message asking the Senate to discontinue the treaty ratification process and to return the now rejected treaty right back to me in the Oval Office, where I will dispose of it. By taking these acts we are reaffirming that American liberty is sacred and that American citizens live by American laws, not the laws of foreign countries."

8. Mid Trump showing signature to audience

President Donald Trump says the U.S. has decided to withdraw its support for a treaty regulating the multibillion-dollar global arms trade.

It's the latest example of the Trump administration's dislike of international pacts.

Trump said Friday that he has decided to revoke the United States' status as a signatory of the Arms Trade Treaty regulating international trade in conventional weapons, including small arms, battle tanks, combat aircraft and warships.

He says America is "rejecting this treaty" and "taking our signature back."

He made the announcement during a speech in Indianapolis, Indiana, to the National Rifle Association, which claims the treaty poses a threat to the Second Amendment.

The U.S. signed the treaty in 2013, but never ratified it.

POOL

Indianapolis - 26 April 2019

1. Close-up US President Donald Trump saluting then walking to podium

2. SOUNDBITE (English) Donald Trump, U.S. President: ++PARTIALLY OVERLAID++

"Today I'm proud to announce another historic step to protect your Second Amendment rights. And I didn't tell Chris (Cox) and Wayne (LaPierre) and Oliver (North) I didn't even tell them about it. So, they are listening in this big room someplace and they are saying, 'I wonder what he's going to do.' The good thing with me you never know. So in the last administration President Obama signed the U.N. Arms Trade Treaty and in its waning days in office he sent the treaty to the Senate to begin the ratification process. This treaty threatened your subjugate ... again and you know exactly what's going on here, your rights. And your constitutional and international rules and restrictions and regulations. Under my administration we will never surrender American sovereignty to anyone. We will never allow foreign bureaucrats to trample on your Second Amendment freedom. And that is why my administration will never ratify the UN Arms Trade Treaty. I hope you are happy."

4. Cutaway audience applauding

5. SOUNDBITE (English) Donald Trump, U.S. President:

"I'm impressed. I didn't think too many of you would really know what it is. You know what it is?  A big, big factor. But I see a couple of very happy faces from the NRA over there. And I am officially announcing today that the United States will be revoking the effect of America's signature from this badly misguided treatment.  We're taking our signature back."

6. Pan from Trump to audience

7. SOUNDBITE (English) Donald Trump, U.S. President:

"I will sign right now, in front of a lot of witnesses. Like, a lot of witnesses, a message asking the Senate to discontinue the treaty ratification process and to return the now rejected treaty right back to me in the Oval Office, where I will dispose of it. By taking these acts we are reaffirming that American liberty is sacred and that American citizens live by American laws, not the laws of foreign countries. "

8. Mid, Trump showing signature to audience

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President Donald Trump says the U.S. has decided to withdraw its support for a treaty regulating the multibillion-dollar global arms trade.

It's the latest example of the Trump administration's dislike of international pacts.

Trump said Friday that he has decided to revoke the United States' status as a signatory of the Arms Trade Treaty regulating international trade in conventional weapons, including small arms, battle tanks, combat aircraft and warships.

He says America is "rejecting this treaty" and "taking our signature back."

He made the announcement during a speech in Indianapolis, Indiana, to the National Rifle Association, which claims the treaty poses a threat to the Second Amendment.

The U.S. signed the treaty in 2013, but never ratified it.

POOL

Indianapolis - 26 April 2019

1. Close-up US President Donald Trump saluting then walking to podium

2. SOUNDBITE (English) Donald Trump, U.S. President: ++SOUNDBITE PARTIALLY OVERLAID++

"Today I'm proud to announce another historic step to protect your Second Amendment rights. And I didn't tell Chris (Cox) and Wayne (LaPierre) and Oliver (North) I didn't even tell them about it. So, they are listening in this big room someplace and they are saying, 'I wonder what he's going to do.' The good thing with me you never know, never know. So in the last administration President Obama signed the U.N. Arms Trade Treaty and in its waning days in office he sent the treaty to the Senate to begin the ratification process. This treaty threatened your subjugate ... again and you know exactly what's going on here, your rights. And your constitutional and international rules and restrictions and regulations. Under my administration we will never surrender American sovereignty. To anyone. We will never allow foreign bureaucrats to trample on your Second Amendment freedom. And that is why my administration will never ratify the UN Arms Trade Treaty. I hope you are happy."

3. Cutaway audience applauding

4. SOUNDBITE (English) Donald Trump, U.S. President:

"We're taking our signature back."

5. Pan from Trump to audience

6. SOUNDBITE (English) Donald Trump, U.S. President: ++SOUNDBITE PARTIALLY OVERLAID++

"By taking these acts we are reaffirming that American liberty is sacred and that American citizens live by American laws, not the laws of foreign countries. "

7. Mid, Trump signing and then showing signature to audience

Automotive executives Tuesday praised President Donald Trump, after holding a morning meeting with him in the White House, for his focus on growing jobs and investment in their industry.

Speaking to reporters after, Ford Motor Co. chief executive Mark Fields also welcomed the president's decision to withdraw from the TPP (Trans Pacific Partnership) trade agreement.

"We've been very vocal, both as an industry and as a company, and we've repeatedly said that the mother of all trade barriers is currency manipulation and TPP failed in meaningfully dealing with that and we appreciate the president's courage to walk away from a bad trade deal, " Fields said.

General Motors chief executive Mary Barra said there was "a huge opportunity working together as an industry with government, " to improve job creation, safety and the environment.

Trump told his guests Tuesday at the White House that he's looking to ease regulations to help auto companies and any other businesses wishing to do business in the U.S..

Washington, D.C. - 24 January 2017

1. Pan, auto CEOs leaving White House West Wing

2. SOUNDBITE (English) Mark Fields, Ford Motor Co. chief executive:

"Well, we just had a great conversation with the president and he is very focused on policies that will grow investment and jobs here in America and American industry and of course in the automotive industry, which is what we talked about this morning. As an industry, as an automotive industry, we employ many people across America. Good paying jobs from the people that work in our factories to manufacturers that support our plants with parts, to our wonderful dealers, who are literally in every community across America who help sell and service our vehicles and we are very encouraged by the president and the economic policies that he is forwarding. And I would just call out yesterday, the president's decision to withdraw from the TPP. We've been very vocal, both as an industry and as a company, and we've repeatedly said that the mother of all trade barriers is currency manipulation and TPP failed in meaningfully dealing with that and we appreciate the president's courage to walk away from a bad trade deal. So, I think as an industry, we are excited about working together with the president and his administration on tax policies, on regulation and on trade to really create a renaissance in American manufacturing. So, maybe Mary you want to say a few words?"

3. SOUNDBITE (English) Mary Barra, General Motors chief executive:

"Just to say that, I think that ... but I think there is a huge. There is a huge opportunity working together as an industry with government that we can do and improve the environment, improve safety and improve the jobs creation and the competitiveness of manufacturing and we are looking forward to all the elements that Mark talked about in order to do that."

4. Pan, Barra, Fields and Fiat Chrysler chairman Sergio Marchionne walking away from reporters

Automotive executives Tuesday praised President Donald Trump, after holding a morning meeting with him in the White House, for his focus on growing jobs and investment in their industry.

Speaking to reporters after, Ford Motor Co. chief executive Mark Fields also welcomed the president's decision to withdraw from the TPP (Trans Pacific Partnership) trade agreement.

General Motors chief executive Mary Barra said there was "a huge opportunity working together as an industry with government, " to improve job creation, safety and the environment.

Trump told his guests Tuesday at the White House that he's looking to ease regulations to help auto companies and any other businesses wishing to do business in the US.

Washington, D.C. - 24 January 2017

1. Pan, auto CEOs leaving White House West Wing

2. SOUNDBITE (English) Mark Fields, Ford Motor Co. chief executive:

"Well, we just had a great conversation with the president and he is very focused on policies that will grow investment and jobs here in America and American industry and of course in the automotive industry, which is what we talked about this morning. As an industry, as an automotive industry, we employ many people across America. Good paying jobs from the people that work in our factories to manufacturers that support our plants with parts, to our wonderful dealers, who are literally in every community across America who help sell and service our vehicles and we are very encouraged by the president and the economic policies that he is forwarding. And I would just call out yesterday, the president's decision to withdraw from the TPP. We've been very vocal, both as an industry and as a company, and we've repeatedly said that the mother of all trade barriers is currency manipulation and TPP failed in meaningfully dealing with that and we appreciate the president's courage to walk away from a bad trade deal. So, I think as an industry, we are excited about working together with the president and his administration on tax policies, on regulation and on trade to really create a renaissance in American manufacturing. So, maybe Mary you want to say a few words?"

3. SOUNDBITE (English) Mary Barra, General Motors chief executive:

"Just to say that, I think that ... but I think there is a huge. There is a huge opportunity working together as an industry with government that we can do and improve the environment, improve safety and improve the jobs creation and the competitiveness of manufacturing and we are looking forward to all the elements that Mark talked about to be able to do that."

4. Pan, Barra, Fields and Fiat Chrysler chairman Sergio Marchionne walking away from reporters

Automotive executives Tuesday praised President Donald Trump, after holding a morning meeting with him in the White House, for his focus on growing jobs and investment in their industry.

Speaking to reporters after, Ford Motor Co. chief executive Mark Fields also welcomed the president's decision to withdraw from the TPP (Trans Pacific Partnership) trade agreement.

"We've been very vocal, both as an industry and as a company, and we've repeatedly said that the mother of all trade barriers is currency manipulation and TPP failed in meaningfully dealing with that and we appreciate the president's courage to walk away from a bad trade deal, " Fields said.

General Motors chief executive Mary Barra said there was "a huge opportunity working together as an industry with government, " to improve job creation, safety and the environment.

Trump told his guests Tuesday at the White House that he's looking to ease regulations to help auto companies and any other businesses wishing to do business in the U.S..

Washington, D.C. - 24 January 2017

1. Pan, auto CEOs leaving White House West Wing

2. SOUNDBITE (English) Mark Fields, Ford Motor Co. chief executive:

"Well, we just had a great conversation with the president and he is very focused on policies that will grow investment and jobs here in America and American industry and of course in the automotive industry, which is what we talked about this morning. As an industry, as an automotive industry, we employ many people across America. Good paying jobs from the people that work in our factories to manufacturers that support our plants with parts, to our wonderful dealers, who are literally in every community across America who help sell and service our vehicles and we are very encouraged by the president and the economic policies that he is forwarding. And I would just call out yesterday, the president's decision to withdraw from the TPP. We've been very vocal, both as an industry and as a company, and we've repeatedly said that the mother of all trade barriers is currency manipulation and TPP failed in meaningfully dealing with that and we appreciate the president's courage to walk away from a bad trade deal. So, I think as an industry, we are excited about working together with the president and his administration on tax policies, on regulation and on trade to really create a renaissance in American manufacturing. So, maybe Mary you want to say a few words?"

3. SOUNDBITE (English) Mary Barra, General Motors chief executive:

"Just to say that, I think that ... but I think there is a huge. There is a huge opportunity working together as an industry with government that we can do and improve the environment, improve safety and improve the jobs creation and the competitiveness of manufacturing and we are looking forward to all the elements that Mark talked about in order to do that."

4. Pan, Barra, Fields and Fiat Chrysler chairman Sergio Marchionne walking away from reporters

Japan's finance minister Taro Aso on Friday said China and Japan agreed to maintain a multilateral, free and open rules-based trade system, and the minister said protectionism and inward-looking policies "do not benefit any country."

Aso spoke to reporters in Beijing after meeting his counterpart Liu Kun and other finance and central bank officials.

The meeting between Asia's two biggest economies comes amid deepening trade rifts between China and the United States.

The Trump administration has raised duties on a total of $50 billion of Chinese imports that Washington says benefit from improper policies. China retaliated with similar penalties.

The U.S. is poised to raise duties on an additional $200 billion of imports, and Beijing has issued a list of American goods for retaliation.

Japan has treaded carefully over the past months, neither publicly condoning nor criticising the tariffs between US and China.

Asked by a reporter for his views on China's trade regulations that are restrictive to foreign investors, Aso admitted Chinese regulations were "different" from Japanese standards, but that such differences are common.

Aso said talks were held in an amicable atmosphere.

"I think these talks had the best atmosphere so far, compared to previous talks - that is the biggest achievement," Aso said. "It wasn't thorny."

In a statement released by the Finance Ministry, the two sides had also agreed to expand cooperation in investments, financial markets and supervision, and exchanged views on economic cooperation in third countries.

Beijing - 31 August 2018

1. Japan's finance minister Taro Aso walking to podium

2. Reporters

3. SOUNDBITE (Japanese) Taro Aso, Japan's finance minister:

"On trade, we agreed that protectionist measures that lead to inward-looking policies do not benefit any country, and to maintain and propel a multilateral, free and open rules-based trade system."

4. Aso listening to reporter's questions

5. SOUNDBITE (Japanese) Taro Aso, Japan's finance minister:

"It is clear, the Chinese have it in a unilateral way, in which goods are imported in a way that is good for them. So what they mean by regulations, and our definition of regulations, are different, but that is quite a common phenomenon. So in this case what is important is that we have their word that they would make things free. Once we have that, we can use their word in future negotiations and say, you said at the time that you would move things towards having a free market. The point is that these keywords have been included and written down."

6. Reporters

7. SOUNDBITE (Japanese) Taro Aso, Japan's finance minister:

"I think these talks had the best atmosphere so far, compared to previous talks - that is the biggest achievement. It wasn't thorny."

8. Aso leaving