Negotiators in Atlanta have reached an agreement on the 12-nation global trade pact, the Trans-Pacific Partnership (TPP), meaning the trade deal is likely to come up for a vote early next year.
Republican Sen. Jeff Sessions of Alabama – who led the populist revolt against fast-track and TPP – wants Americans to understand TPP can still be killed.
Obamatrade collectively refers to Trade Promotion Authority (TPA), which is the controversial fast-track mechanism for ramming bills through Congress with minimum scrutiny, and the three major trade deals that would be guaranteed these ‘fast-track’ protections before a page of them had been made public: the Trans-Pacific Partnership (TPP), Transatlantic Trade and Investment Partnership (T-TIP) and Trade in Services Agreement (TiSA). Sessions has previously pointed out that these three trade deals collectively encompass 90 percent of global GDP.