President Obama urging Congress to pass TPP

President Obama urging Congress to pass TPP
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President Obama on Monday said Congress needs to pass a sweeping Pacific Rim trade agreement to ensure the United States takes the reins of global trade in the region instead of China. 

The Obama administration is working closely with lawmakers on Capitol Hill to build support for the 12-nation Trans-Pacific Partnership (TPP), arguing that delaying votes on the deal will make it harder to pass the agreement, the president said in a Washington Post op-ed. 


"The world has changed. The rules are changing with it," Obama said. 

"The United States, not countries like China, should write them. Let’s seize this opportunity, pass the Trans-Pacific Partnership and make sure America isn’t holding the bag, but holding the pen."

He argued that the deal will grow the U.S. economy and strengthen national security.

"But none of this will happen if the TPP doesn’t become a reality," Obama said.

"That’s because the Asia-Pacific region will continue its economic integration, with or without the United States," he said.

"We can lead that process, or we can sit on the sidelines and watch prosperity pass us by."

Congressional leaders have said that the deal won't likely be considered until the lame-duck session after the November elections.

"I understand the skepticism people have about trade agreements, particularly in communities where the effects of automation and globalization have hit workers and families the hardest," Obama said. 

"But building walls to isolate ourselves from the global economy would only isolate us from the incredible opportunities it provides," he said.

"Instead, America should write the rules. America should call the shots. Other countries should play by the rules that America and our partners set, and not the other way around."

The issue has been widely debated by both Democratic presidential candidates Hillary ClintonHillary Diane Rodham ClintonThe Hill's Morning Report - Trump trial begins with clashes, concessions Trump on Clinton's Sanders comments: 'She's the one that people don't like' Hillary Clinton tears open wound with her attack on Sanders MORE and Bernie SandersBernie SandersSanders joins Biden atop 2020 Democratic field: poll The Hill's Morning Report - Trump trial begins with clashes, concessions Trump on Clinton's Sanders comments: 'She's the one that people don't like' MORE as well as Republican front-runner Donald TrumpDonald John TrumpRouhani says Iran will never seek nuclear weapons Trump downplays seriousness of injuries in Iran attack after US soldiers treated for concussions Trump says Bloomberg is 'wasting his money' on 2020 campaign MORE. All three have given Obama's trade policy scathing reviews. 

Obama said that “increasing trade in this area of the world would be a boon to American businesses and American workers, and it would give us a leg up on our economic competitors, including one we hear a lot about on the campaign trail these days: China.”

China is moving forward on the trade front with the Regional Comprehensive Economic Partnership, which Beijing and 15 other nations are aiming to complete by the end of the year. 

U.S. trade officials have said that if forged, the agreement would set standards well below that of the TPP. 

"As we speak, China is negotiating a trade deal that would carve up some of the fastest-growing markets in the world at our expense, putting American jobs, businesses and goods at risk," Obama said.