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Friday, March 11, 2016

Obama Committed to Pacific Trade Deal, Even As Opposition Spreads

Barack Obama is fully committed to pushing for Congress to ratify the Trans-Pacific Partnership (TPP) deal despite anti-trade sentiment gaining steam on the presidential election campaign trail, National Security Adviser Susan Rice said on Wednesday.

Voter anxiety and anger over international trade and the 12-nation Pacific trade pact have helped propel the campaign of Donald Trump, the Republican front-runner, as well as Senator Bernie Sanders, who is running against Hillary Clinton for the Democratic nomination.

"The president remains fully committed to working to achieve ratification on the U.S. side and encouraging all of our TPP partners to move through their domestic processes to do the same," Rice told Reuters in an interview on Wednesday.

For Obama, the TPP is a legacy issue, and standing firm on the pact reassures other nations with high expectations for the deal. At the same time, it highlights a division with Clinton, a close political ally, who has been grappling with Democratic anxiety about trade on the campaign trail.

Obama's commitment to the trade deal means that it will likely remain a hot campaign issue and exposes Clinton to trade-bashing rhetoric ahead of the Nov. 8 vote to elect Obama's successor.

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