The Meat Industry Is Licking Its Chops Over Obama's Massive Trade Deal
—By Tom PhilpottThe US meat industry scored a big victory this week when world leaders hammered out an agreement that would reduce trade barriers across the Pacific: from the United Sates, Canada, Mexico, Peru, and Chile on this side to Australia, New Zealand, Japan, Malaysia, Brunei, Vietnam, and Singapore on the other.
President Barack Obama has made passing the Trans-Pacific Partnership, or the TPP, the signature goal of his second term. Now it goes to Capitol Hill for approval—which it will likely get, given that back in June, Congress granted the president "fast track" authority to negotiate trade deals, meaning that it will be considered in up-down, simple-majority votes in both chambers, with no chance of amendment or filibuster.
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