In 2013, President Obama’s Trade Policy Agenda reported that the United States was in its third year of negotiating a new trade agreement, the Trans-Pacific Partnership Trade Agreement, between 11 pacific countries. Included are Australia, Brunei Darussalam, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and the United States. The president maintained that in terms of both trade policy and foreign policy, the United States would refocus itself on “engaging” Asia in the coming years. At the same time, the president announced that he would negotiate a new Transatlantic Trade and Investment Partnership with the European Union intended to reduce nontariff barriers to trade in technology products. Because the president’s trade promotion authority to negotiate trade agreements expired in 2007, these face real scrutiny from Congress. What is the status of these negotiations? What are their objectives and what industry sectors are they primarily intended to benefit? What are their chances of passing either as a treaty or a congressional-executive agreement.

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now