Portman Says He Opposes TPP In 'Current Form,' Will Push For Changes

Senate Finance Committee Member Rob Portman (R-OH) on Thursday (Feb. 4) formally announced his opposition to the Trans-Pacific Partnership (TPP) "in its current form," citing dissatisfaction with the deal's auto rules of origin, monopoly protections for biologic drugs, and lack of enforceable disciplines on currency manipulation. "I am disappointed that the President made the decision to have Ambassador Froman sign the TPP agreement in New Zealand. From currency manipulation, to rules of origin for automobiles, to protection for U.S. biologics...