November 12, 2016 12:02 PM

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Obama administration leaves TPP deal in President-elect's hands

US President Barack Obama's administration has suspended its efforts to win congressional approval for the Asian free-trade deal before President-elect Donald Trump takes office, saying Trans-Pacific Partnership (TPP) pact's fate was up to Trump and Republican lawmakers. <br/><br/>Obama Administration officials said, Mr Obama would try to explain the situation to leaders of the 11 other countries in the pact next week when he attends a regional summit in Peru.<br/><br/>Obama's cabinet secretaries and the US Trade Representative's office had been lobbying lawmakers for months to pass the 12-country TPP deal in the post-election, lame-duck session of Congress. <br/><br/>However, Trump's stunning election victory that sends him to the White House in January and retains Republican majorities in Congress has stymied those plans.

November 12, 2016 8:06 AM

printer

Obama administration leaves TPP deal in President-elect's hands

US President Barack Obama's administration has suspended its efforts to win congressional approval for the Asian free-trade deal before President-elect Donald Trump takes office, saying <br/>Trans-Pacific Partnership (TPP) pact's fate was up to Trump and Republican lawmakers. <br/>Obama Administration officials said, Mr Obama would try to explain the situation to leaders of the 11 other countries in the pact next week when he attends a regional summit in Peru.<br/>Obama's cabinet secretaries and the US Trade Representative's office had been lobbying lawmakers for months to pass the 12-country TPP deal in the post-election, lame-duck session of Congress. However, Trump's stunning election victory that sends him to the White House in January and retains Republican majorities in Congress has stymied those plans.

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