23-04-2015 04:30
U.S. trade bill key to Pacific pact clears Senate panel
Legislation to give the White House "fast track" authority to nail down a Pacific trade pact cleared its first hurdle in the U.S. Congress on Wednesday as a committee backed the bill and sent it to the full Senate for consideration. Approved by the Senate Finance Committee on a 20 to 6 vote, the legislation would prohibit Congress from amending trade deals, instead allowing for just up-or-down votes. TPP is central to President Barack Obama's strategic shift toward Asia.
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