The Business Times
SUBSCRIBERS

TPP: What opposing Democrats want

Obama was able to win the fast-track negotiating authority for the mega free-trade pact only because he had rare backing from the Republicans in Congress.

Published Wed, Jul 1, 2015 · 09:50 PM
Share this article.

Washington, DC

THE United States Congress has now given President Barack Obama so-called fast-track negotiating authority to conclude the Trans-Pacific Partnership (TPP), the proposed mega regional free-trade agreement among the US and 11 other countries.

But Mr Obama's victory was not an easy one: Members of his own Democratic Party overwhelmingly opposed fast-track authority, which limits Congress to a single up-or-down vote on finished trade agreements, thereby ruling out amendments.

The…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Columns

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here