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Michael Froman

'This isn't NAFTA,' U.S. trade representative says about Trans-Pacific Partnership

'This isn't NAFTA,' U.S. trade representative says about Trans-Pacific Partnership

After years of negotiations, the United States and 11 other Pacific Rim countries wrapped up a sweeping trade agreement in October that supporters say will eliminate obstacles such as tariffs and set standards for doing business in 40% of the global economy.

The deal has faced tough opposition in Congress — particularly among Democrats, who believe that past accords such as the North American Free Trade Agreement have sacrificed U.S. jobs to foreign competition.

After months of wrangling and intense lobbying from the Obama administration, Congress this year gave the administration so-called fast track authority to negotiate the final details of the Trans-Pacific...

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