THE HILL: White House gives up on passing Job-Killing Trans-Pacific Partnership
The Hill reports today that the U.S. Trade Representative at the Department of Commerce (USTR), a division of the Executive Office of the President, has resigned to the fact that TPP is going nowhere after Mr. Trump was elected president.
The next steps for TPP would be hammered out in “a legislative process and it’s up to congressional leaders as to whether and when this moves forward,” USTR spokesman Matt McAlvanah told The Hill.
And that prospect is DOA, according to Mitch McConnell, even as far back as late August.
“The current agreement, the Trans-Pacific [Partnership], which has some serious flaws, will not be acted upon this year,” McConnell has said.
McConnell did leave the door open to massage the deal, however.
With the election of Donald Trump, Mitch McConnell’s plans for TPP seem unlikely. We’ll keep watching this story as it develops.