President Obama signaled Wednesday that, at least on international trade, he is willing to defy his fellow Democrats and his own liberal base to pursue a partnership with Republicans. Trade represents one of Obama’s best chances for a legacy-building achievement in the final two years of his presidency, but he acknowledged that it is an idea he still has to sell to many of his traditional allies.
The media has been pushing a line, following Republican victory in last week's midterm election, that the one area where Barack Obama and a now GOP-controlled Senate might find room for compromise is trade, especially the approval of the Trans-Pacific Partnership, or TPP, a twelve nation deal.
Though president once railed against so-called "free trade" agreements, he has now become outspoken champion of secretive deals that critics call attack on democracy, workers, and the planet.
TPP countries are already important export markets for the U.S. meat industry, but the industry believes that a new trade agreement would put those exports into overdrive,' report says
I'd be surprised if a single voter cast their ballot on Tuesday so multinational corporations could exempt themselves from national laws. I don’t remember one TV ad framing the election as a chance to raise prescription drug prices in poor countries, or to stop the government from buying American-made goods - See more at: http://www.thefiscaltimes.com/Columns/2014/11/07/GOP-Obama-Compromise-Would-Mean-Scary-Win-Big-Business#sthash.G2f9zZiH.dpuf
What could conservative Republican Reps. Michele Bachmann and Walter Jones and liberal Democratic Rep. Rosa DeLauro possibly agree on? They all want to limit President Barack Obama’s ability to “fast-track” international trade deals.
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WASHINGTON, D.C. -- Today, nearly 600 organizations led by the Sierra Club, AFL-CIO, the Communications Workers of America, the Citizens Trade Campaign, and Public Citizen sent a letter to Senate Finance Chairman Ron Wyden (D-OR) firmly rejecting fast-track trade promotion authority and calling for a new system for negotiating and implementing trade agreements.
The Trans-Pacific Partnership should not be under consideration for Fast Track. The trade agreement is being negotiated between the United States, Mexico, Canada and several countries in the Asia-Pacific region. Passage of TPP is an Obama administration goal; it has been discussed and altered for years.