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Top US Republican Trade Supporter Says TPP Deal Falls ‘Woefully Short’

© AFP 2023 / Brendan SmialowskiMembers of Congress leave after a series of votes effecting the fast tracking of the Trans-Pacific Partnership on Capitol Hill June 12, 2015 in Washington, DC. The House of Representatives voted down a bill that will could effect the fast tracking of the Trans-Pacific Partnership trade agreement.
Members of Congress leave after a series of votes effecting the fast tracking of the Trans-Pacific Partnership on Capitol Hill June 12, 2015 in Washington, DC. The House of Representatives voted down a bill that will could effect the fast tracking of the Trans-Pacific Partnership trade agreement. - Sputnik International
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US Senate Finance Committee Chairman Orrin Hatch said that the TPP trade deal "is an achievement...only if it works for the American people" and can meet the "high-standard objective laid out in bipartisan Trade Promotion Authority."

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WASHINGTON (Sputnik) — The Trans-Pacific Partnership free trade deal does not meet the standards of the US Congress that authorized the completion of the historic 12-nation trade deal, US Senate Finance Committee Chairman Orrin Hatch said on Monday.

"While the details are still emerging, unfortunately, I am afraid this deal appears to fall woefully short," Hatch stated in a press release.

He noted that concluding the TPP trade deal "is an achievement…only if it works for the American people" and can meet the "high-standard objective laid out in bipartisan Trade Promotion Authority."

Hatch was the lead Republican to usher through the controversial Trade Promotion Authority (TPA), a measure that passed the Senate in May.

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The TPA granted President Barack Obama the authority to conclude the TPP agreement, while giving the US Congress only a final vote of approval or disapproval without the ability to amend it.

The Senate and House of Representatives will have 90 days to review the details of the trade agreement, which have not yet been made available to lawmakers or the US public during the course of the six-year trade talks.

On Monday, the successful conclusion of the TPP free trade talks was announced by trade ambassadors from the participating countries of the United States, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

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