The controversial Trans-Pacific Partnership (TPP), backed by many Republicans and President Obama, hit a snag Tuesday when key Democrats spoke out against the agreement.
What exactly is the TPP? It is a free trade agreement with 12 nations (including China and Japan) that purports to increase economic growth, jobs and free trade. However, there is much opposition in Congress.
Leading opponents of the measure in the Senate have pushed for additional protections for U.S. workers and address concerns about alleged foreign-currency manipulation by China that makes American products too expensive.
“It’s a betrayal of workers and small business in our communities to pass fast track, to put it on the president’s desk without enforcement … and without helping workers,” Sen. Sherrod Brown, D-Ohio, told The Washington Post.