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U.s. Firms Urge Washington Not To Rush Through Landmark Trade Deal


Ron Burgundy
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Penny Pritzker testifies before a Senate Commerce, Science and Transportation Committee in WashingtonBy Randy Fabi NUSA DUA, Indonesia (Reuters) - U.S. multinationals have warned Washington not to compromise and weaken a landmark 12-nation Asia-Pacific free trade agreement in order to complete the deal by the end of this year. After three years of talks, President Barack Obama's administration is making a final push to finalize the proposed Trans-Pacific Partnership (TPP), that would establish a free-trade bloc that would stretch from Vietnam to Chile. The ambitious agreement would encompass 800 million people, about a third of world trade and nearly 40 percent of the global economy. ...




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