The Trans-Pacific Partnership, which is designed to reduce various trade barriers between the United States and eleven Pacific Rim nations, hangs by a thread in the United States Congress. The immediate question is not the ratification of any future treaty. Rather, it is over whether the President should receive “fast-track” authority to negotiate a treaty on behalf of the United States, over which the Congress can exercise only an up-or-down vote, with no amendments allowed, after a maximum of 20 hours of debate. Passing the fast-track measure, which is supported by the Republicans and President Obama, would be a win for free trade. But anti-trade forces, including Hillary Clinton and Nancy Pelosi, are conspiring against it…
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