India, Feb. 11 -- Donald Trump has signed an executive order to pause enforcement of a federal law that makes it a criminal act for US businesses to bribe foreign officials. Signing the executive order on Monday evening, February 10, the president said the law puts companies at a disadvantage on the global stage. He directed Attorney General Pam Bondi to stop actions taken under the Foreign Corrupt Practices Act, or FCPA, including prosecutions of American people and companies who were charged by the Justice Department with bribing foreign government officials to gain business in other countries.

"It sounds good on paper, but in practicality, it's a disaster," Trump said, as reported by USA TODAY. "It means that if an American goes over ...