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Obama enlists bipartisan support for TPP passage

Friday, September 16, 2016 - 01:31

Obama engages Ohio Governor John Kasich, a high-profile political foe, and other bipartisan support, to help press Republicans to approve the 12-nation Trans-Pacific Partnership trade deal before he leaves office in four months. Rough Cut (no reporter narration).

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ROUGH CUT (NO REPORTER NARRATION) STORY: Obama held talks for the TPP in the Oval Office with Kasich, who fell short in his bid to be the Republican presidential candidate in the November 8 election, and arranged for him to speak with reporters afterward from the White House briefing room lectern. The unusual move is a sign of how the White House intends to make a final full-court push to convince Republican leaders in the U.S. Congress to approve the deal in a "lame duck" session after the election, where the TPP has been pilloried by both Republican and Democratic candidates. "We've got what is the most progressive, effective trade deal that we've ever seen. And this bipartisan group made up of business leaders, mayors, governors, Republicans, Democrats, national security leaders and military leaders -- the reason they're here is because they know this is important for our economy and they know that this is important for our national security and our standing in the world," Obama said. Republicans traditionally have backed free trade deals, but their presidential candidate, Donald Trump, has blamed them for U.S. job losses and threatened to tear them up should he win. Senate Majority Leader Mitch McConnell has said the deal would not get a Senate vote this year, and House Speaker Paul Ryan has said he does not see enough votes for it to pass. Democratic candidate Hillary Clinton has also opposed the deal, which is unpopular with labor unions and environmental groups. "Even if the politics of it sometimes are tough, we're going to keep on making sure that we position ourselves as well as we can to be able to compete not just next year or five years from now, but 20 and 30 years from now," Obama said. Obama has said he hopes opposition cools after the election. The White House has pointed to opinion polls showing most Americans support trade as a sign that the TPP could still squeak through Congress. On his final trip to Asia earlier this month, Obama spent time reassuring nervous partners that the United States would finalize the deal. But on Friday, Vietnam's parliament indicated it would not ratify the deal quickly. Failure to pass the TPP would prompt Southeast Asian countries to turn to China and Russia, Kasich said in an opinion piece in the Wall Street Journal on Friday. The White House also invited other business and political leaders to join the Oval Office meeting, including former Republican Treasury Secretary Henry Paulson, International Business Machines Corp Chief Executive Officer Virginia Rometty and former New York City Mayor Michael Bloomberg.

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Obama enlists bipartisan support for TPP passage

Friday, September 16, 2016 - 01:31