Hillary Clinton vows to oppose TPP if elected President
Democratic presidential nominee Hillary Clinton has reassured her supporters that she would oppose the Trans-Pacific Partnership (TPP) trade agreement if elected president.
"I
will stop any trade deal that kills jobs or holds down wages, including
the Trans-Pacific Partnership," Clinton said during a speech on
Thursday in Michigan.
"I oppose it now, I'll oppose it after
the election and I'll oppose it as president," Clinton said, adding that
she would appoint a trade prosecutor to ramp up enforcement of existing
trade deals.
Clinton's hard line to the TPP came
after Republican presidential nominee Donald Trump on Monday attacked
her over trade deals. Trump said Clinton "will enact the TPP" if elected
president, which he claimed would have a devastating impact on the US
auto industry, Xinhua news agency reported.
Virginia
Governor Terry McAuliffe had also previously said that Clinton would
support the TPP deal or seek to renegotiate it if elected president.
But
John Podesta, chairman of Clinton's presidential campaign, responded at
the time that "she is against it before the election and after the
election."
Clinton supported the TPP while she was secretary
of state, but came out against it after the deal was completed last
year. She said the TPP in current form did not meet her "high bar" for
creating good American jobs, raising wages and advancing national
security.
President Barack Obama has vowed to push Congress to
approve the TPP deal during the so-called lame-duck session of Congress
after the November general election, the final time window before he
leaves White House on January 20, 2017.
But many lawmakers have cast doubt on a vote for the TPP in the lame-duck session. House Speaker Paul Ryan said last week that the TPP would not get a vote in Congress this year because there was not enough support.
"As
long as we don't have the votes, I see no point in bringing up an
agreement only to defeat it," Ryan said, adding "I have my own problems
with TPP, it is not ready, the president has to renegotiate some
critical components of it."
The TPP deal involves Australia,
Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru,
Singapore, the US and Vietnam. It was formally signed by ministers from
these 12 countries in February after more than five years of
negotiation.
The TPP now undergoes a two-year ratification
period in which at least six countries, which account for 85% of the
combined gross domestic production of the 12 TPP countries, must approve
the final text for the deal to be implemented.

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