BLOOMBERG VIEW: The Last, Best Hope for a Good Trade Deal

11/08/2016

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November 7, 2016 | BY: RAMESH PONNURU

Both Hillary Clinton and Donald Trump say they oppose the Trans-Pacific Partnership, a trade deal among 12 countries. The second-place finisher in each party’s presidential primaries — Bernie Sanders and Ted Cruz — opposed it, too. These facts would seem to doom the Obama administration’s goal of getting Congress to approve the agreement between the election and the inauguration of the new president.

Michael Froman, the U.S. trade representative, is keeping hope alive. “We have to be careful not to overinterpret this election,” he tells me.

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