22-05-2015 01:19 via news.yahoo.com

Senate advances fast-track trade bill sought by Obama

President Barack Obama on Thursday moved closer to winning the power to speed trade deals through the U.S. Congress when the Senate advanced legislation important to his Asian trade push. Senators voted 62-38 to set up a speedy decision on the "fast-track" trade negotiating authority the president needs to complete the Trans-Pacific Partnership (TPP) trade deal. The TPP is part of Obama's so-called pivot to Asia, a strategy to counter China's rising economic and diplomatic cl
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