Democratic presidential candidate
Hillary Clinton said on Wednesday she does not support the Trans-Pacific
Partnership (TPP) trade deal. "What I know about it, as of today, I am
not in favor”, Clinton told in an interview with PBS’s Judith Woodruff
in Iowa.
According to Clinton, the goal of
trade agreements should be to produce new jobs, raise wages and protect
national security. "I don’t believe it’s going to meet the high bar I
have set,” the former US secretary of state said.
Clinton’s position on the trade deal
currently being discussed by 12 nations on the Pacific Rim represents a
reversal from her previous stand that distances her from the Obama
administration. While serving the Obama administration, she backed the
pact calling it the "gold standard” for trade deals during her trip in
Australia in 2012.
Clinton’s move undercuts President Barack Obama’s efforts to win congressional approval for the deal.
The TPP deal, reached on Monday after
marathon talks between the United States and 11 nations, aims to create
a free trade area covering 40 percent of the world’s economy and would
be a signature part of the president’s legacy.
http://neurope.eu/article/hilary-clinton-comes-out-against-trans-pacific-partnership/