Home
News
默认头像

TPP in US Congress This Week

2024-12-23OANDAOANDA
President Barack Obama’s bid for new trade agreements faces big tests in Congress this week, mostly from his fellow Democrats. Pro-trade senators must produce 60 votes in the 100-seat chamber Tuesday to begin debate on “fast track” authority that Obama seeks. It would let him present Congress with proposed trade agreements that lawmakers can ratify […]

President Barack Obama’s bid for new trade agreements faces big tests in Congress this week, mostly from his fellow Democrats.

Pro-trade senators must produce 60 votes in the 100-seat chamber Tuesday to begin debate on “fast track” authority that Obama seeks. It would let him present Congress with proposed trade agreements that lawmakers can ratify or reject, but not amend.

If Obama receives fast track authority, which previous presidents have enjoyed, he’s expected to ask Congress to approve a 12-nation trade pact called the Trans-Pacific Partnership. Participants include Japan, Vietnam, Canada and Mexico. Other trade proposals could follow.

Disclaimers

The article is sourced from oanda with the original source credited. The views expressed herein are not affiliated with FXOR; readers are encouraged to approach the content rationally. Copyright belongs to the original author. If unintentional infringement upon media or personal intellectual property rights has occurred, please contact us, and we will promptly remove the content. FXOR merely provides information storage services. The article is compiled and released by FXOR; reprints must indicate the original source.