Last Updated: Nov. 11, 2014
Obama & McConnell Pledge Cooperation; Will Fast-Tracking Secretive TPP Trade Deal Top Their Agenda?
democracynow on Nov 6, 2014
democracynow – While the two parties have plenty to fight about in the new Republican Congress, Mitch McConnell, the possible next Senate majority leader, says he shares common ground with the president on international trade. What does this mean for the Trans-Pacific Partnership (TPP)? We get analysis from Lori Wallach of Public Citizen’s Global Trade Watch, who notes that while some analysts say GOP gains will accelerate the passage of fast-track legislation in Congress to enable an agreement on the TPP, “it is kind of hard for the Republicans to voluntarily delegate more authority to the guy they’ve been attacking as the imperial president who grabs power that’s not his.” The controversial so-called free trade deal involves 12 countries and nearly 40 percent of the global economy. Trade ministers from the 12 countries negotiating the trade deal are due to meet in Beijing ahead of the Asia-Pacific economic summit next week to continue negotiations.