Free Trade Obama’s Latest Obstacle: The Democrats
When it comes to passing massive trade deals with Europe and the Pacific, Obama’s biggest obstacle may not be France or Japan, or even his Republican opponents in the House, but his allies in the Democratic Party. A number of Democratic senators and congressman reacted negatively to efforts to fast-track the legislation through Congress, and there are now questions as to whether the measure will have the votes to pass. Is Obama losing influence in his own party?
Free Trade WTO Poised for Biggest Success in Years
The 159 countries in the World Trade Organization are finally ready to ink a major free trade agreement after a week of heated debates between the U.S. and India that nearly derailed the process. The agreement, nicknamed “Doha Lite” by some, is far less sweeping than the original Doha plans, but it’s difficult to overstate its importance as one of the biggest victories in the body’s history. The Obama administration has a lot to be proud of here.