Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

White House says talking with top U.S. lawmakers on trade deal

Published 10/05/2015, 01:38 PM
Updated 10/05/2015, 01:48 PM
White House says talking with top U.S. lawmakers on trade deal

WASHINGTON (Reuters) - Officials from the Obama administration have already begun meeting with top U.S. lawmakers to push for the passage of the Pacific trade deal, the White House said on Monday.

Negotiators from the United States, Japan and 11 other countries reached an agreement on the Trans-Pacific Partnership on Monday morning.

The deal will now be reviewed by Congress, where some Democrats have raised concerns about its potential impact on labor rights abroad and U.S. employment.

Earnest said the administration has already spoken to some lawmakers about the deal and more talks are planned.

"Our goal here is going to be to talk about the benefits of the agreement and how an agreement like the one the president set out to achieve is one that expands access to overseas markets for products that are stamped Made in America," he said.

Earnest said there was no reason the deal should not be completed in 2016.

The White House is working to make details of the deal available to the public as soon as possible, Earnest said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.