U.S. Election Debate Complicates Passage of Pacific Trade Pact

December 28, 2015

An international trade agreement embraced by President Barack Obama and the Republican-controlled Congress is drawing fire from many presidential candidates, illustrating the populist shift of both parties in the age of Donald Trump. Contenders ranging from Democratic front-runner Hillary Clinton to Republican Sen. Ted Cruz of Texas have spoken out against the 12-nation Trans-Pacific Partnership the administration is hoping Congress will pass next year, even though both previously supported Mr. Obama’s trade policy—and could well embrace the Pacific deal in the future.

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Topics: TRADE PROMOTION AUTHORITY (TPA) MEGA-REGIONAL AGREEMENT

Regions: UNITED STATES

Authors: THE WALL STREET JOURNAL

RTA

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