NEWSMAX: President Barack Obama’s call for “fast-track” trade negotiating authority to help him strike a Pacific Rim deal cleared a key hurdle in the U.S. Senate on Tuesday, paving the way for a final vote on the legislation on Wednesday.
On Wednesday, the Senate was likely to vote to grant Obama the power to speed trade deals through Congress, including his Trans-Pacific Partnership (TPP). If that happens, the fast-track measure would then go to the White House for Obama’s signature.
That would be a major win for the Democratic president and a setback for one of his allies, U.S. labor unions that have campaigned against the TPP out of fear that it could destroy U.S. jobs. Still, another question remains… (more)
