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WASHINGTON (Reuters) - President Donald Trump signed an executive order formally withdrawing the United States from the 12-nation Trans-Pacific Partnership trade deal on Monday, following through on a promise from his campaign last year. In an Oval Office ceremony, Trump also signed an order imposing a federal hiring freeze and a directive banning U.S. non-governmental organizations receive federal funding from providing abortions abroad. Trump called the TPP order a "great thing for the American worker." (Reporting By Steve Holland)
By Saqib Iqbal Ahmed NEW YORK (Reuters) - The U.S. dollar fell to a seven-week low against a basket of key world currencies on Monday and global stock markets declined amid investor concerns over protectionist rhetoric by U.S. President Donald Trump. U.S. Treasury yields dipped and gold rallied as demand for safe-haven assets was boosted by Trump's stance on trade. On Monday, Trump told U.S. manufacturing executives he would impose a hefty border tax on firms that import products into the United States after moving American factories overseas.