President Barack Obama now has the necessary piece of trade legislation to complete the Trans-Pacific Partnership.
The President signed the Trade Promotion Authority bill that was passed by the U.S. House and Senate.
TPA removes the ability of Congress to attach amendments to a pending trade deal, allowing only for an up or down vote.
It’s a move that is needed to wrap up the Trans-Pacific Partnership trade deal because other countries negotiators were reluctant to conclude the deal without the U.S. enacting TPA.
