Top Senate Dem: Obama's Asia-Pacific trade deal is dead
© Victoria Sarno Jordan

Sen. Charles SchumerChuck SchumerPew poll: 50 percent approve of Democrats in Congress Former state Rep. Vernon Jones launches challenge to Kemp in Georgia Schumer lays groundwork for future filibuster reform MORE is signaling that President Obama's signature trade agreement won't clear Congress, roughly two days after Republican Donald TrumpDonald TrumpFreedom Caucus member condemns GOP group pushing 'Anglo-Saxon political traditions' MyPillow CEO Mike Lindell's new free speech site to ban certain curse words Secret Facebook groups of special operations officers include racist comments, QAnon posts: report MORE — who opposes the deal — won the White House. 

 
A source familiar with the New York Democrat's remarks said he told the AFL-CIO executive council that Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellPew poll: 50 percent approve of Democrats in Congress Pelosi on power in DC: 'You have to seize it' Progressives put Democrats on defense MORE (R-Ky.) said he wouldn't bring the deal up in the lame-duck session of Congress.
 
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Schumer, who has voiced concerns that the deal doesn't do enough to crack down on currency manipulation, told CNBC's John Harwood in mid-October that he thought the TPP "may well get" 51 votes if McConnell brought it to the floor after the election.
 
But that was before Trump's surprise White House win. The president-elect has disavowed Obama's trade agreement, saying in June "there is no way to fix TPP" and that the country needs bilateral agreements. 
 
 
Asked about its chances on Wednesday, McConnell reiterated that it wouldn't be brought up this year and that its future in 2017 is up to Trump. 
 
"I think the president-elect made it pretty clear he was not in favor of the current agreement. But he has the latitude because [the Trade Promotion Authority] is in place through the next administration to negotiate better deals, as I think he would put it, if he chooses to. And sending it up to us for an expedited up-or-down vote," he told reporters.