Obama Asks Both Parties To Give Him TPA; Makes Case For Trade Deals

President Obama in his annual State of the Union address on Tuesday (Jan. 20) night called on both Democrats and Republicans in Congress to renew Trade Promotion Authority (TPA), while making a more forceful case than he has in past years for trade agreements currently under negotiation with Asia-Pacific countries and the European Union. In the speech, Obama implicitly argued that the U.S. must craft rules for trade in the Asia-Pacific region through the Trans-Pacific Partnership (TPP) or China will...