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Monday, November 9, 2015

Trade pact backers hit 2 big hurdles: Donald and Hillary

http://www.politico.com/story/2015/11/senate-trade-trans-pacific-partnership-obama-215610#ixzz3qztw8CRb

Trade pact backers hit 2 big hurdles: Donald and Hillary

Presidential politics complicate Barack Obama's push to ratify one of the biggest trade deals in history.
11/09/15

Hillary Clinton and Bernie Sanders are railing against the Trans-Pacific Partnership in the Democratic primary. On the right, GOP presidential front-runner Donald Trump is ripping the trade deal as a “disaster” negotiated by “incompetent people.”
President Barack Obama’s herculean task of shepherding the landmark Trans-Pacific Partnership through Capitol Hill is about to run into one major hurdle: 2016 presidential politics.
The Obama administration already won one hard-fought battle when trade promotion authority passed in June over opposition from most Democrats. But the booming anti-trade rhetoric animating the Republican and Democratic presidential primaries could complicate the path for Congress to formally approve the trade agreement between the United States and 11 Asia-Pacific nations, officially made public last week.http://www.politico.com/story/2015/11/senate-trade-trans-pacific-partnership-obama-215610#ixzz3qztw8CRb

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