Ian Bremmer Explains Why the Trans-Pacific Partnership Matters

April 14, 2015 9:00 AM

5 0

Ian Bremmer Explains Why the Trans-Pacific Partnership Matters

In the next few days, the Senate will begin debate on one of the most important questions it will answer this decade—whether to grant the President “trade promotion authority” (TPA), also known as “fast track.” This move would give President Obama and his successors the authority to place trade agreements before Congress for a simple up-or-down vote, denying lawmakers the chance to filibuster or add amendments to the deal which change its rules.

Those in favor say that Presidents can’t negotiate growth-boosting trade deals without fast track authority, because other governments won’t make concessions if they know that Congress can later rewrite parts of the agreement. Those who oppose TPA say the devil remains in the details—small changes w...

Read more

To category page

Loading...