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 ReichertYoder, Messer land on K Street Ex-GOP lawmaker from Washington joins lobbying firm Outgoing GOP rep says law enforcement, not Congress should conduct investigations MORE (R-Wash.), Ron KindRonald (Ron) James KindSteel lobby's PR blitz can't paper over damaging effects of tariffs Congress should stop tariff power grab, bring balance to US trade policy Ocasio-Cortez sparks debate with talk of 70 percent marginal rate MORE (D-Wis.), Gerry ConnollyGerald (Gerry) Edward ConnollyDem rep hopes Omar can be 'mentored,' remain on Foreign Affairs panel Fairfax removed from leadership post in lieutenant governors group Virginia Legislative Black Caucus calls on Fairfax to step down MORE (D-Va.), Don Beyer (D-Va.), Sen. Chris CoonsChristopher (Chris) Andrew CoonsTrump got in Dem’s face over abortion at private meeting: report Live coverage: Trump delivers State of the Union Actor Chris Evans meets with Democratic senators before State of the Union 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 PritzkerMichelle Obama officiated Chicago wedding: report Election 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 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 BoehnerOn unilateral executive action, Mitch McConnell was right — in 2014 Bill Clinton jokes no one would skip Dingell's funeral: 'Only time' we could get the last word Left flexes muscle in immigration talks MORE (Ohio), Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellGOP Green New Deal stunt is a great deal for Democrats The national emergency will haunt Republicans come election season Trump: McConnell should keep Senate in session until nominees are approved MORE (Ky.) and House Ways and Means Committee Chairman Paul RyanPaul Davis RyanUnscripted Trump keeps audience guessing in Rose Garden Coulter defends Paul Ryan: This is 100 percent Trump's fault The Hill's 12:30 Report — Presented by Kidney Care Partners — Trump escalates border fight with emergency declaration 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.