Trade Promotion Authority For President Does Not Pass In House, Marking Setback For TPP Approval
Associated Press: U.S. fast-track vote leaves Pacific trade pact talks in limbo
“…The effort to get U.S. trade legislation through Congress, clearing the way for progress on an Asia-Pacific trade accord, is in limbo once again. The U.S. House of Representatives on Friday shot down a proposal to give President Barack Obama authority to negotiate global trade deals for congressional approval or rejection, without amendments. Among U.S. trading partners that are negotiating the Trans-Pacific Partnership or TPP, the setback was viewed more with resignation than panic…” (Kurtenbach, 6/15).