Festival of Books
Everything you need to know about the Festival of Books

Topics

Tom Vilsack
China is Obama's trump card in push for Pacific Rim trade pact
China is Obama's trump card in push for Pacific Rim trade pact

WASHINGTON — As the White House looks to wrap up years of negotiations on a highly contested Pacific Rim trade pact, administration officials are increasingly casting the agreement as vital to helping the U.S. face its most daunting economic rival: China. The proposed Trans-Pacific Partnership, or TPP, would be the largest trade deal in American history, involving the U.S., Japan and 10 other countries that combined make up 40% of the world economy. China isn't among them. In recent weeks, one Obama official after another has hammered away at the same line of argument: It's crucial that Congress supports the TPP — including passing a related trade-promotion bill...

Loading