Obama signs trade bills

Obama signs trade bills
President Obama on Monday signed a fast-track trade authority bill into law, cementing a major legislative victory at the end of a bruising months-long battle within his own party. 

Obama signed the measure during a brief ceremony in the East Room of the White House, where he hailed the bipartisan cooperation that was needed to get the legislation through Congress after an intense lobbying campaign that pitted the president against congressional Democrats and created a rare alliance with Republicans. 

The president was surrounded by key lawmakers and members of his administration who kept this trade agenda alive through several procedural hiccups even though, he said, it had “been declared dead more than once.”
 
The trade promotion authority (TPA) legislation, also known as fast-track, is expected to speed the completion of Trans-Pacific Partnership (TPP) negotiations with 11 other Pacific Rim nations in the coming weeks. 
 
Obama also signed a measure into law that provides $450 million to retrain workers who lose their jobs because of expanded trade and extends trade preferences for another decade to sub-Saharan Africa.
 
The president said he believed that signing the legislation would be good for American workers and businesses and would give the United States a global competitive edge. 
 
“We’re going to turn global trade into a race to the top and reestablish our leadership role in the world,” he told the crowd that included business owners and other stakeholders. 
 
“Trade is one part of a broader agenda of middle-class economics,” he said. 
 
Behind him during the signing were U.S. Trade Representative Michael FromanMichael B.G. FromanUS trade rep spent nearly M to furnish offices: report Overnight Finance: Trump hits China on currency manipulation, countering Treasury | Trump taps two for Fed board | Tax deadline revives fight over GOP overhaul | Justices set to hear online sales tax case Froman joins Mastercard to oversee global business expansion MORE, Treasury Secretary Jack LewJacob (Jack) Joseph LewOvernight Finance: US reaches deal with ZTE | Lawmakers look to block it | Trump blasts Macron, Trudeau ahead of G-7 | Mexico files WTO complaint Obama-era Treasury secretary: Tax law will make bipartisan deficit-reduction talks harder GOP Senate report says Obama officials gave Iran access to US financial system MORE, Reps. John Delaney (D-Md.), Pat Tiberi (R-Ohio), Dave ReichertDavid (Dave) George ReichertElection Countdown: GOP worries House majority endangered by top of ticket | Dems make history in Tuesday's primaries | Parties fight for Puerto Rican vote in Florida | GOP lawmakers plan 'Freedom Tour' Democrat Kim Schrier advances in Washington primary Overnight Energy: Koch backs bill opposing carbon taxes | Lawmakers look to Interior budget to block offshore drilling | EPA defends FOIA process MORE (R-Wash.), Ron KindRonald (Ron) James KindAllow HSA dollars to be used for over-the-counter drugs Repeal of medical device tax would support medical technology innovation On The Money: Commerce to review uranium imports | Lawmakers urge Trump not to impose auto tariffs | White House wants steeper cuts to EPA funding | Google hit with massive B fine MORE (D-Wis.), Gerry ConnollyGerald (Gerry) Edward ConnollyDem on Puerto Rico and Trump: ‘God only knows’ what he'd consider a failure Congress losing faith in Nobel Prize winner Aung San Suu Kyi Virginia reps urge Trump to declare federal emergency ahead of Hurricane Florence MORE (D-Va.), Don Beyer (D-Va.), Sen. Chris CoonsChristopher (Chris) Andrew CoonsJudiciary Democrat calls for additional witnesses to testify on Kavanaugh Kavanaugh allegations could be monster storm brewing for midterm elections      Sunday shows preview: White House officials on offensive in wake of anonymous NY Times op-ed MORE (D-Del.), Agriculture Secretary Tom VilsackThomas James VilsackUSDA: Farm-to-school programs help schools serve healthier meals OVERNIGHT MONEY: House poised to pass debt-ceiling bill MORE and Commerce Secretary Penny PritzkerPenny Sue PritzkerElection Countdown: Trump plans ambitious travel schedule for midterms | Republicans blast strategy for keeping House | Poll shows Menendez race tightening | Cook Report shifts Duncan Hunter's seat after indictment Former Obama officials launch advocacy group aimed at Trump's foreign policy Trump transportation chief to join Biden for jobs event MORE
 
Jeff Zients, the director of the United States National Economic Council and an architect of the White House’s full-court press in Congress, was in the audience. 
 
The president also thanked Republican leaders who helped deliver the trade victory — Speaker John BoehnerJohn Andrew BoehnerNancy Pelosi: Will she remain the ‘Face of the Franchise’? Jordan hits campaign trail amid bid for Speaker GOP senator says he 'regularly' considers leaving Republican Party MORE (Ohio), Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellKey GOP senators appear cool to Kavanaugh accuser's demand Trump hints at new executive action on immigration, wants filibuster-proof Senate majority The Hill's Morning Report — Sponsored by United Against Nuclear Iran — The Hill interviews President Trump MORE (Ky.) and House Ways and Means Committee Chairman Paul RyanPaul Davis RyanElection Countdown: Trump confident about midterms in Hill.TV interview | Kavanaugh controversy tests candidates | Sanders, Warren ponder if both can run | Super PACs spending big | Two states open general election voting Friday | Latest Senate polls On The Money: Midterms to shake up House finance panel | Chamber chief says US not in trade war | Mulvaney moving CFPB unit out of DC | Conservatives frustrated over big spending bills Nancy Pelosi: Will she remain the ‘Face of the Franchise’? MORE (Wis.) — who couldn’t make the ceremony because they are out of town for the July 4 recess. 
 
Those leaders and the White House remained resilient during the legislative fight and were quick to find a way to breathe new life back into the trade agenda just when it seemed out of chances to pass. 
 
The TPP’s leaders are aiming to finish a deal this summer, meaning at the earliest Congress could vote sometime this fall on the massive agreement that covers 40 percent of the world’s gross domestic product. 
 
Locking in a deal sets up the next fight between Congress and the White House over whether the TPP meets the high standards set by lawmakers.