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IPFS News Link • TPP-Trans Pacific Partnership

ObamaTrade Is Dead...

• http://www.zerohedge.com, by Tyler Durden

It appears the entire 'ObamaTrade' farce is collapsing under the weight of its secrecy and corporatocracy in the immediate aftermath of Trump's triumph. First this morning, Bloomberg reported that EU Trade Commissioner Cecilia Malmstrom said EU-U.S. negotiations on a free-trade agreement are on hold, and now WSJ reports that the Obama administration on Friday gave up all hope of enacting its sweeping Pacific trade agreement,denting American prestige in the regions at a time when China is flexing its economic and military muscle.

Just days after Donald Trump won the election, all of Washington's major trade deals are dead or dying. 


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