Friday, June 12, 2015

Huge Blow For Obama On Trade Deal

The US House of Representatives has dealt a huge blow to President Barack Obama's trade agenda, by preventing a bill granting him so-called 'fast track' authority from reaching his desk.

The House voted overwhelmingly to scuttle a trade package that he was hoping would lead to a speedy conclusion of negotiations on the 12-nation Trans Pacific Partnership deal.

Our Washington correspondent Lorna Shaddick explains.

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Claude Barfield is a resident scholar at the American Enterprise Institute in Washington. He says the result is likely to damage America's international standing:

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Claude Barfield, who's a resident scholar at the American Enterprise Institute in Washington, thinks the vote could send worrying signals to other countries, especially in the Asia Pacific region: 

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