Trade negotiators from Vietnam say the Trans-Pacific Partnership trade agreement is not open to renegotiation, pushing back against calls from select U.S. politicians that say the deal needs amended to their liking.
Bloomberg reports a Vietnam trade official said the agreement strikes the best possible balance among the interests of the deal’s 12 members. Amid election-year politics, several lawmakers in Washington, D.C. have said they will note vote for TPP. Further, both candidates for President have taken stabs against the trade deal, putting approval in jeopardy. The Obama Administration is expected to send a bill that would authorize the trade agreement to Congress following the November elections.
From the National Association of Farm Broadcasting news service.