U.S. Trade Representative Michael Froman is renewing the Obama administration’s push for congressional action on the Trans-Pacific Partnership trade deal before the administration leaves following the November elections.
Froman knows the political realities of trying to pass TPP in an election year when the top Presidential candidates oppose trade deals and key lawmakers in the Capitol are reluctant to move on TPP.
However, Froman told reporters Wednesday that he continues to wage the fight…
Australia has already made a deal with Japan that could cost the U.S. an estimated $100 million in lost beef sales and Froman says without the TPP, U.S. exporters will continue to be taxed abroad…tape
NCBA officials say getting the trade deal through Congress will be tough and the prospects of passage depend on who is in leadership after the November elections. However, they predict TPP will ultimately cross the finish line this year.
