(VOVworld) - US President Barack Obama wants Congress to approve the Trans-Pacific Partnership deal this year to help write the rules on global trade while keeping a competitive edge. White House spokesman Eric Schultz said on Friday that this will be something that Congress has to contend with.
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US President Barack Obama wants Congress to approve the Trans-Pacific Partnership deal this year
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They can either cede that ground to China which the President believes is the wrong approach. Eric said the President absolutely believes this deal should pass this year. TPP is a trade agreement among 12 Pacific Rim countries, intending to remove trade tariffs and barriers for import, export, and other services among member countries.