Controversial TPP deal strikes major setback in US Senate

Posted on 14 May 2015 by Michael Cruickshank

The international trade bill known as the TPP (Trans-Pacific Partnership) faced a major setback this week when Democrat Senators defied President Obama to block the ‘fast tracking’ of the bill.

A total of 45 Senators voted against the bill, which would have given Obama authority to negotiate on the TPP and then present it to Congress for a yes-or-no vote, with no amendments allowed. The move means the bill did not secure the necessary 60 votes needed to pass the legislation, despite presidential as well as…

This content is for subscribers only. Subscribe now for free to read the full article.