Tuesday, May 12, 2015

BREAKING NEWS FROM AMERICA - BREAKING NEWS FROM AMERICA


Senate votes against fast-tracking TPP


Lawmakers in the United States Senate have thrown a wrench in a plan that would have given President Barack Obama “fast track” authority to advance a 12-nation trade deal between the US and Pacific Ring partners.
In a 52-45 vote Tuesday afternoon, the Senate opposed moving forward from now on the Trans-Pacific Partnership. A procedural vote required at least 60 “ayes” in order to let the Senate host discussions on whether or not to give the president so-called “fast track” authority on the matter, and failure to reach that threshold puts the future of the trade agreement in jeopardy.

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