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Obama's hopes dashed for Asia-Pacific trade deal by year's end
Obama's hopes dashed for Asia-Pacific trade deal by year's end

WASHINGTON — With economic policymaking at home largely paralyzed by Republican opposition, the Obama administration's effort to shift its focus abroad by stimulating U.S. growth through expanded exports isn't moving much easier. The latest round of Asia-Pacific trade talks among the U.S. and 11 other countries ended Tuesday in Singapore without an agreement, dashing the administration's hopes of closing a deal this year. The lack of a deal also is a setback for what is seen as the centerpiece of Obama's strategy to exert greater influence in an economically and militarily crucial region where China has become dominant. The White House said the so-called...

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