Strong TPP Deal Will Pass U.S. Congress, Says Obama at North America Summit
Implementation legislation for a final Trans-Pacific Partnership (TPP) pact that contains strong intellectual property rights protections and opens global markets for U.S. agricultural products will pass the U.S. Congress despite some Democratic opposition, said President Barack Obama, speaking at a…
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North American Leaders Summit press conference, alongside Mexican President Enrique Peña Nieto and Canadian Prime Minister Stephen Harper. Obama declined to mention significant Democratic opposition to this year’s version of Trade Promotion Authority, widely regarded as key to implementing free-trade agreement legislation. “There are elements of my party that oppose this trade deal, there are elements of my party that oppose the South Korea free trade agreement, the Colombia free trade agreement and the Panama free trade agreement -- all of which we passed with Democratic votes.” Peña Nieto and Harper both express support for concluding TPP negotiations.