Clinton’s move is likely to undermine Obama’s efforts to win congressional approval for the deal.
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Economists and trade experts say Cambodia should consider carefully whether to ever join the Trans Pacific Partnership, a large trade initiative led by the U.S. that so far includes 12 countries.
“The president has been extraordinarily effective in making as strong a case as could be made, but I do worry we have an equation here, how do we raise incomes in America?” “It is standing up for the American worker always”. “Quitter is not one of them”, she added. She said she had not expected the decision to take so long and voters deserved to know where she stood.
And it sets her apart from Vice President Joe Biden, who is also considering running for president. Meanwhile, the paper and iron and steel industries would see their taxes cut by 25 percent.
Here’s a selection of Clinton’s quotes over the years in support of the so-called TPP.
Clinton’s criticism is in contrast to what she said in a 2014 CNN interview where she defended Obama on this same issue.
In a major political setback to US President Barack Obama, his party’s leading presidential candidate Hillary Clinton has opposed the multi-nation Trans Pacific Partnership (TPP) trade deal.
In January, 2011, to cite one example in a list pulled together by CNN, she said the TPP would “help create new opportunities for American companies and support new jobs here at home”.
Although Clinton remains the favorite to secure the Democratic presidential nomination, her campaign isn’t going well.
“Wow, that’s a reversal”, said former Democratic Gov. Martin O’Malley who had taxed Maryland into the ground, and wants to do the same thing to our country. But fast-forward to July 2011 when, as secretary of state, she described those three deals as “critical to our economic recovery”. Beijing has signed free trade agreements with Seoul and Canberra.
Just hours after the former secretary of state announced her opposition to the Trans-Pacific Partnership (TPP), Flournoy endorsed it at a Washington think tank.
“But the bar here is very high and, based on what I have seen, I don’t believe this agreement has met it”.
Emily Schillinger, a spokeswoman for House Speaker John Boehner said in response to the ad, “This is a classic Clinton attempt to distract from her record of putting classified information at risk and jeopardizing our national security, all of which the FBI is investigating”.
Commerce Minister Gao Hucheng said China is of the view that changes in the global trade pattern should be decided by adjustments in the industrial structure and through product competitiveness in global markets. I can’t find a single example where she called for Obama to accept the more consumer-friendly terms other countries were demanding.
There are two ways that Clinton’s professed concern over an excessively pro-pharma deal rings hollow.
In the Republican party, populist forces – including the poll-leading Donald Trump – are denouncing the deal.
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“They’ve got their own silly season they’re in”, he said.
